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
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