Property investors who have had real estate in Batehaven, 2536 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.17%
When looking at the potential capital gains offered to property investors over the last 3 years, Batehaven comes in at number 52th in NSW.
LACK OF BUYER INTEREST may well be the reason that Batehaven is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 199th in terms of most discounted suburbs in NSW
Batehaven is 443th on a list of best yielding suburbs for rents in NSW with a 4.02% return
Batehaven, 2536 ranked 16th in NSW when comparing growth in median property values or capital gain over the last 12 months. Batehaven is one of 3163 in our list for NSW
Batehaven,2536 was ranked 555 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Batehaven should be aiming for at least -7.64% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $297.5 weekly from the median priced house in this suburb.
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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.