Suburb Profile Report for Batehaven NSW (2536)

Batehaven House: Median price $385,000, Annual capital growth 1.56%, Number of sales 71, Weekly median advertised rent $350

Batehaven Unit: Median price $293,000, Annual capital growth 2.00%, Number of sales 63, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a an unimpressive capital gain of 0.79% for the last year, Batehaven, 2536 is the 2930th highest performer in Australia in this respect.

While Batehaven,2536 ranked number 479th in NSW for increase in median house value (annualised) increase, it is ranked 1153th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Batehaven is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 640th in terms of most discounted suburbs in NSW

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 1.56%.

Over the last year, property investments in Batehaven, 2536 have given investors a capital gain of 18.86%. This compares very favourably with the 7.74% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Batehaven has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -5.05% to buyers in Batehaven at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $265 and the average annual increase in value of a median property of 2.00%, investors should hope to achieve an overall return of 4.70%

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
$385,000 $293,000
4.05% -0.17%
0.79% 18.86%
1.56% 2.00%
$350 $265
71 63
4.73% 4.70%
120.1 145.08

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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