Suburb Profile Report for Bateau Bay NSW (2261)

Bateau Bay House: Median price $670,000, Annual capital growth 6.57%, Number of sales 179, Weekly median advertised rent $480

Bateau Bay Unit: Median price $440,000, Annual capital growth 4.71%, Number of sales 19, Weekly median advertised rent $390

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Bateau Bay, 2261 have given investors a capital gain of -2.90%. This compares badly with the 1.14% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bateau Bay has increased when compared to the 5 year average annual rate.

Bateau Bay, 2261 is offering NSW ‘s 653th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Often selling an investment property can take time, and in Bateau Bay the average time real estate has been on the market is 65.8286 days.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

At number 1204th in the list of Australian suburbs ordered by increase in median house value over the last year, Bateau Bay, 2261 is in the BOTTOM 30% with a property value increase of -6.38% recorded in median house prices.

Over the longer term, Bateau Bay has seen property prices show investors a 2.33% return over the last 3 years. This is worse than over the last 12 months

Advertised rents are around the $390 mark per week – giving a return of 4.61% based on the median price in Suburb

Metrics i HOUSE UNIT
$670,000 $440,000
-0.74% -1.35%
-2.90% -6.38%
6.57% 4.71%
$480 $390
179 19
3.73% 4.61%
65.8285714285714 83.5294117647059

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 11759
Median household income ($/weekly) 938
Median age of persons 44
Median housing loan repayment ($/monthly) 1800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1322 11.2
    25-34 years 1203 10.2
    35-44 years 1333 11.3
    45-54 years 1560 13.3
    55-64 years 1445 12.3
    Others 4896 41.6
    Age Group
    Census Count Percent(%)
    Registered Married 4210 48.1
    Not Married 3859 44.1
    Defacto Relationship 691 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 9990 88.3
    Italy 42 0.4
    Papua New Guinea 151 1.3
    United Kingdom 633 5.6
    Other 131 1.2
    Others 366 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.6
    Christianity 8974 81.3
    Hinduism 12 0.1
    Other Religious Groups 18 0.2
    No Religion 1948 17.7
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 454 11.4
    $400-$599 554 13.9
    $600-$799 416 10.5
    $800-$999 364 9.2
    $1,500-$1,999 471 11.9
    Others 1713 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3826 41.9
    Employed, worked full-time 2883 31.5
    Employed, worked part-time 1747 19.1
    Unemployed, looking for work 369 4.0
    Employed, away from work 317 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 860 17.4
    Technicians & trades workers 825 16.7
    Community & personal service workers 634 12.8
    Clerical & administrative workers 665 13.4
    Sales 636 12.9
    Others 1327 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 250 9.9
    Infants/Primary 859 34.1
    Secondary 753 29.9
    Technical or Further Educational Institution 256 10.2
    University or other Tertiary Institutions 338 13.4
    Others 60 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9470 86.3
    Semi-detached, row or terrace house, townhouse 837 7.6
    Flat, unit or apartment 660 6.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1598 36.7
    Being purchased 1527 35.1
    Rented 1106 25.4
    Other tenure type 124 2.8
    Tenure Type
Census 2011, ABS
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