Suburb Profile Report for Bathurst NSW (2795)

Bathurst House: Median price $373,000, Annual capital growth 4.26%, Number of sales 163, Weekly median advertised rent $330

Bathurst Unit: Median price $290,000, Annual capital growth 5.13%, Number of sales 80, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Bathurst have tracked just lower than the NSW average of 10.13% over the last 12 months.

While Bathurst,2795 ranked number 760th in NSW for increase in median house value (annualised) increase, it is ranked 938th over the last 5 years.

The most recent median price for Bathurst is $373000, with sellers offering an average of -4.37% off the asking price.

Often selling an investment property can take time, and in Bathurst the average time real estate has been on the market is 71.72 days.

Situated 150.69km from the CBD, Bathurst is one of Bathurst Regional localities in the postcode 2795.

Over the last year, property investments in Bathurst, 2795 have given investors a capital gain of 1.05%. This compares badly with the 7.74% for NSW as a whole.

Bathurst,2795 has offered an average of 1.05% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Bathurst 2795 should be seeing an average reduction in asking price of around -3.86% . This means that Bathurst is holding prices well when compared to other suburbs in NSW.

YIP MAG Information supplied by:

YIP MAG
January 2016

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Bathurst could soon be known for more than just car races, with the central New South Wales township showing some signs of life.Full summary

Bathurst could soon be known for more than just car races, with the central New South Wales township showing some signs of life.

Median house prices in the town, which has a population of around 6,600, are sitting at $345,000, after growing by 19% over the past three years.

Rental yields are also sitting at a respectable level, with investors receiving 5% returns.

While it may be most well-known for Mount Panorama and the Bathurst 1000, there are other things outside that one day of the year that could make

Bathurst an attractive investment location. The growing Charles Sturt University is on the town’s perimeter, while the town is serviced by both public and private hospitals.

There are also numerous public and private schooling options in the town. 

Bathurst is also just a short drive from Orange and the region is becoming a popular tourist destination due to its wineries and historical buildings.

Close
Metrics i HOUSE UNIT
$373,000 $290,000
2.19% 1.75%
7.49% 1.05%
4.26% 5.13%
$330 $260
163 80
4.60% 4.66%
71.72 117.09

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Bathurst NSW
Demographics
Total population 6633
Median household income ($/weekly) 866
Median age of persons 35
Median housing loan repayment ($/monthly) 1408
Average household size 2
  • Census Count Percent(%)
    20-24 years 991 14.9
    25-34 years 899 13.6
    35-44 years 693 10.4
    45-54 years 745 11.2
    55-64 years 731 11.0
    Others 2575 38.8
    Age Group
    Census Count Percent(%)
    Not Married 2666 56.3
    Registered Married 1506 31.8
    Defacto Relationship 562 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5358 88.5
    Croatia 37 0.6
    Papua New Guinea 79 1.3
    United Kingdom 187 3.1
    Other 131 2.2
    Others 259 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 1.8
    Christianity 4433 75.0
    Islam 31 0.5
    Other Religious Groups 38 0.6
    No Religion 1273 21.5
    Others 33 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 293 11.3
    $400-$599 369 14.2
    $600-$799 330 12.7
    $800-$999 274 10.6
    $1,000-$1,249 258 10.0
    Others 1068 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1976 37.5
    Employed, worked full-time 1878 35.6
    Employed, worked part-time 1015 19.2
    Unemployed, looking for work 218 4.1
    Employed, away from work 187 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 713 23.2
    Technicians & trades workers 397 12.9
    Community & personal service workers 397 12.9
    Sales 369 12.0
    Labourers 371 12.0
    Others 832 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 68 3.9
    Infants/Primary 311 17.7
    Secondary 443 25.1
    Technical or Further Educational Institution 207 11.7
    University or other Tertiary Institutions 706 40.1
    Others 27 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3575 62.9
    Flat, unit or apartment 1175 20.7
    Semi-detached, row or terrace house, townhouse 922 16.2
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1399 50.4
    Fully owned 787 28.4
    Being purchased 576 20.8
    Other tenure type 13 0.5
    Tenure Type
Census 2011, ABS
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