With a capital gain of -3.90% for the last 12 months, Batehaven, 2536 has performed for property investments than its average annual 1.25% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Batehaven comes in at number 1201th in NSW.
Property investors looking for a bargain in Batehaven should be aiming for at least -6.11% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Batehaven have been waiting around 115.35 days to sell a property.
Batehaven, 2536 ranked 25th in NSW when comparing growth in median property values or capital gain over the last 12 months. Batehaven is one of 3163 in our list for NSW
Over the longer term, Batehaven has seen property prices show investors a 18.78% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Batehaven are currently offering property investors an average price cut of -4.95% below the asking price at the moment.
Property investors should expect to get $280 weekly from the median priced house in this suburb.
Units in Batehaven are reasonably priced at just over $300,000. And despite slipping slightly over the past 12 months, the market recovered strongly during the December 2016 quarter with a growth of 24%.Full summary
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Beach suburb caters to Canberrans and Sydneysiders
Median unit price: $307,500
Three-year growth: 39.77%
Rental yield: 4.57%
The coastside suburb of Batehaven finds itself closer to the capital of Canberra than to Sydney. Thus, it benefits from being close to buyers from both the Australian Capital Territory and New South Wales.
Units in Batehaven are reasonably priced at just over $300,000. And despite slipping slightly over the past 12 months, the market recovered strongly during the December 2016 quarter with a growth of 24%. Investors are also enjoying an average yield of almost 5%, while sellers are able to catch the attention of interested parties even at a discount rate of just 4.2%.
Batehaven is only 4km from the popular tourist town Batemans Bay. As a result, Batehaven residents are in close proximity to shops, dining establishments and employment opportunities in forestry and oyster farming.
Bus services are provided for commuters looking to travel to the capitals.Close