Property investors who have had real estate in Bathurst, 2795 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
If we look at median property appreciation over just the last three months, Bathurst has given property investors a paper return of -1.29%. This puts Suburb as 1069 on a list of fastest fasting appreciating suburbs in NSW
At number 600th of NSW’s most discounted properties, Bathurst is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.36%, investors should hope to achieve an overall return of 4.97%
NSW has seen average median house prices change by 6.92% which means that Bathurst, 2795 has done well for property investors by showing a capital gain of 9.26% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Bathurst comes in at number 361th in NSW.
At number 335th of NSW’s most discounted properties, Bathurst is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Situated 143.58km from the CBD, Bathurst is one of Bathurst Regional localities in the postcode 2795.
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.