Bathurst is in the bottom 40% in NSW when comparing median price capital growth over the last year. Bathurst gave property investors a disappointing capital gain figure when compared to the rest of the state, with 9.09%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bathurst has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.36% to buyers in Bathurst at the moment, which is less than average for the rest of NSW.
Bathurst, 2795’s gross rental yield is 4.58%
Bathurst has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.20% to date .
A 34.97% growth in median value for property investors in Bathurst,2795 puts this suburb at number 437th in terms of best performing suburbs in NSW
Bathurst, 2795 is offering NSW ‘s 248th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Residents and property investors in Bathurst have been waiting around 115.9 days to sell a property.
Bathurst, 2795’s gross rental yield is 4.69%
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
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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.Close
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.