Suburb Profile Report for Bateau Bay NSW (2261)

Bateau Bay House: Median price $655,000, Annual capital growth 6.39%, Number of sales 223, Weekly median advertised rent $460

Bateau Bay Unit: Median price $455,000, Annual capital growth 8.25%, Number of sales 30, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bateau Bay, 2261 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.40%.

The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 73.28% across each of those five years.

The most recent median price for Bateau Bay is $655000, with sellers offering an average of -4.21% off the asking price.

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.39%, investors should hope to achieve an overall return of 3.65%

Bateau Bay is an average performer in NSW when comparing median price capital growth over the last year. Bateau Bay gave property investors a good capital gain figure when compared to the rest of the state, with 11.38%.

When looking at the potential capital gains offered to property investors over the last 3 years, Bateau Bay comes in at number 95th in NSW.

The most recent median price for Bateau Bay is $455000, with sellers offering an average of -3.38% off the asking price.

In the last year 30 properties changed hands in Bateau Bay, which puts it as the 375th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$655,000 $455,000
5.14% 3.41%
12.40% 11.38%
6.39% 8.25%
$460 $395
223 30
3.65% 4.51%
42.12 46.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Bateau Bay NSW
Demographics
Total population 11759
Median household income ($/weekly) 938
Median age of persons 44
Median housing loan repayment ($/monthly) 1800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1322 11.2
    25-34 years 1203 10.2
    35-44 years 1333 11.3
    45-54 years 1560 13.3
    55-64 years 1445 12.3
    Others 4896 41.6
    Age Group
    Census Count Percent(%)
    Registered Married 4210 48.1
    Not Married 3859 44.1
    Defacto Relationship 691 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 9990 88.3
    Italy 42 0.4
    Papua New Guinea 151 1.3
    United Kingdom 633 5.6
    Other 131 1.2
    Others 366 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.6
    Christianity 8974 81.3
    Hinduism 12 0.1
    Other Religious Groups 18 0.2
    No Religion 1948 17.7
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 454 11.4
    $400-$599 554 13.9
    $600-$799 416 10.5
    $800-$999 364 9.2
    $1,500-$1,999 471 11.9
    Others 1713 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3826 41.9
    Employed, worked full-time 2883 31.5
    Employed, worked part-time 1747 19.1
    Unemployed, looking for work 369 4.0
    Employed, away from work 317 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 860 17.4
    Technicians & trades workers 825 16.7
    Community & personal service workers 634 12.8
    Clerical & administrative workers 665 13.4
    Sales 636 12.9
    Others 1327 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 250 9.9
    Infants/Primary 859 34.1
    Secondary 753 29.9
    Technical or Further Educational Institution 256 10.2
    University or other Tertiary Institutions 338 13.4
    Others 60 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9470 86.3
    Semi-detached, row or terrace house, townhouse 837 7.6
    Flat, unit or apartment 660 6.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1598 36.7
    Being purchased 1527 35.1
    Rented 1106 25.4
    Other tenure type 124 2.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals