Batehaven has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 20.14% to date .
The five-year average increase in median property values for Batehaven,2536 has given property investors a potential capital gain of 46.97% across each of those five years.
Property buyers and investors in Batehaven 2536 should be seeing an average reduction in asking price of around -7.35% . This means that Batehaven is holding prices well when compared to other suburbs in NSW.
Batehaven is 418th on a list of best yielding suburbs for rents in NSW with a 4.08% return
Batehaven is in the TOP 30% in NSW when comparing median price capital growth over the last year. Batehaven gave property investors a good capital gain figure when compared to the rest of the state, with 1.61%.
When looking at the potential capital gains offered to property investors over the last 3 years, Batehaven comes in at number 56th in NSW.
At number 284th of NSW’s most discounted properties, Batehaven is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 838 in a list of fastest selling suburbs, Batehaven is in the bottom 40% of suburbs in Australia with an average of days on market 86.8333 for properties listed there.
Situated 226.93km from the CBD, Batehaven is one of Eurobodalla (A) localities in the postcode 2536.
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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.