Investment property in Batehaven has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.86%
While Batehaven,2536 ranked number 157th in NSW for increase in median house value (annualised) increase, it is ranked 868th over the last 5 years.
At number 1014th of NSW’s most discounted properties, Batehaven is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Batehaven is 229th on a list of best yielding suburbs for rents in NSW with a 4.50% return
Over the last year, property investments in Batehaven, 2536 have given investors a capital gain of 13.63%. This compares very favourably with the 5.36% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Batehaven comes in at number 60th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.57% offered to property buyers. Sellers in Batehaven itself are offering an average vendor discount of -3.42% to real estate investors.
At number 1134 in a list of fastest selling suburbs, Batehaven is in the bottom 30% of suburbs in Australia with an average of days on market 95.62 for properties listed there.
Advertised rents are around the $320 mark per week – giving a return of 4.99% based on the median price in Suburb
Units in Batehaven are reasonably priced at just over $300,000. And despite slipping slightly over the past 12 months, the market recovered strongly during the December 2016 quarter with a growth of 24%.Full summary
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Beach suburb caters to Canberrans and Sydneysiders
Median unit price: $307,500
Three-year growth: 39.77%
Rental yield: 4.57%
The coastside suburb of Batehaven finds itself closer to the capital of Canberra than to Sydney. Thus, it benefits from being close to buyers from both the Australian Capital Territory and New South Wales.
Units in Batehaven are reasonably priced at just over $300,000. And despite slipping slightly over the past 12 months, the market recovered strongly during the December 2016 quarter with a growth of 24%. Investors are also enjoying an average yield of almost 5%, while sellers are able to catch the attention of interested parties even at a discount rate of just 4.2%.
Batehaven is only 4km from the popular tourist town Batemans Bay. As a result, Batehaven residents are in close proximity to shops, dining establishments and employment opportunities in forestry and oyster farming.
Bus services are provided for commuters looking to travel to the capitals.Close