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