Suburb Profile Report for Batehaven NSW (2536)

Batehaven House: Median price $387,500, Annual capital growth 2.08%, Number of sales 64, Weekly median advertised rent $350

Batehaven Unit: Median price $286,250, Annual capital growth -0.24%, Number of sales 63, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

NSW has seen average median house prices change by 9.05% which means that Batehaven, 2536 has done well for property investors by showing a capital gain of -1.02% over the last year

Batehaven,2536 has offered an average of -1.02% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Batehaven are currently offering property investors an average price cut of -5.32% below the asking price at the moment.

With the median price for a house in Batehaven being $387500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.70%

Over the last year, property investments in Batehaven, 2536 have given investors a capital gain of 16.13%. This compares very favourably with the 6.22% for NSW as a whole.

Across a shorter period, Batehaven, 2536 has seen a median price increase of -2.64% over the last quarter.

Property buyers and investors in Batehaven 2536 should be seeing an average reduction in asking price of around -5.31% . This means that Batehaven is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Batehaven the average time real estate has been on the market is 142.77 days.

Advertised rents are around the $275 mark per week – giving a return of 5.00% based on the median price in Suburb

Information supplied by:


March 2017

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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

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
Metrics i HOUSE UNIT
$387,500 $286,250
0.65% -2.64%
-1.02% 16.13%
2.08% -0.24%
$350 $275
64 63
4.70% 5.00%
113.48 142.77

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Batehaven NSW
Demographics
Total population 1750
Median household income ($/weekly) 742
Median age of persons 49
Median housing loan repayment ($/monthly) 1410
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 203 11.6
    35-44 years 184 10.5
    45-54 years 227 13.0
    55-64 years 243 13.9
    65-74 years 219 12.5
    Others 675 38.5
    Age Group
    Census Count Percent(%)
    Not Married 560 46.9
    Registered Married 525 44.0
    Defacto Relationship 109 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1359 85.3
    Egypt 14 0.9
    Papua New Guinea 21 1.3
    United Kingdom 94 5.9
    Other 28 1.8
    Others 77 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1219 79.4
    No Religion 287 18.7
    Buddhism 19 1.2
    Other Religious Groups 6 0.4
    Hinduism 5 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 73 11.6
    $400-$599 121 19.3
    $600-$799 101 16.1
    $800-$999 79 12.6
    $1,000-$1,249 66 10.5
    Others 187 29.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 741 55.5
    Employed, worked full-time 270 20.2
    Employed, worked part-time 223 16.7
    Unemployed, looking for work 66 4.9
    Employed, away from work 35 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 70 13.2
    Technicians & trades workers 85 16.1
    Clerical & administrative workers 71 13.4
    Sales 77 14.6
    Labourers 83 15.7
    Others 143 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 23 7.2
    Infants/Primary 113 35.3
    Secondary 115 35.9
    Technical or Further Educational Institution 45 14.1
    University or other Tertiary Institutions 16 5.0
    Others 8 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1131 76.2
    Semi-detached, row or terrace house, townhouse 175 11.8
    Flat, unit or apartment 138 9.3
    Caravan, cabin, houseboat 36 2.4
    House or flat attached to a shop, office 4 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 280 42.4
    Rented 256 38.7
    Being purchased 125 18.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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