With a capital gain of 17.54% for the last 12 months, Batemans Bay, 2536 has performed for property investments than its average annual 2.86% property growth over the last 5 years.
While Batemans Bay,2536 ranked number 239th in NSW for increase in median house value (annualised) increase, it is ranked 1023th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Batemans Bay, 2536. Typically our figures indicate that -6.85% is being offered, which puts this NSW suburb at 1333th most discounted overall in Australia.
Often selling an investment property can take time, and in Batemans Bay the average time real estate has been on the market is 162.94 days.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 2.86%, investors should hope to achieve an overall return of 4.93%
Batemans Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 32.56% to date .
Batemans Bay,2536 was ranked 17 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Batemans Bay should be aiming for at least -5.02% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
Batemans Bay is 104th on a list of best yielding suburbs for rents in NSW with a 5.02% return