Suburb Profile Report for Bathurst NSW (2795)

Bathurst House: Median price $365,000, Annual capital growth 4.03%, Number of sales 155, Weekly median advertised rent $320

Bathurst Unit: Median price $285,000, Annual capital growth 4.76%, Number of sales 76, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Bathurst, 2795 ranked 898th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bathurst is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, Bathurst,2795 has racked up an average of 4.43% over the period. This ranks it number 2277th in the whole country for real estate investors looking at median house price increases.

At number 679th of NSW’s most discounted properties, Bathurst is in the middle of the state/territory when listing in order of most discounted to least.

At number 2011 in a list of fastest selling suburbs, Bathurst is just in the bottom half of suburbs in Australia with an average of days on market 84.38 for properties listed there.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 4.03%, investors should hope to achieve an overall return of 4.56%

Bathurst has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.00% to date .

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.

Vendor discounting in Bathurst is giving property investors an average Vendor Discount of around -3.75%. This puts suburb at number 299th in NSW when ranking the most discounted suburbs.

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
$365,000 $285,000
5.80% 0.00%
4.43% 0.00%
4.03% 4.76%
$320 $260
155 76
4.56% 4.74%
84.38 105.37

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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