Batehaven, 2536 ranked 549th 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
While Batehaven,2536 ranked number 929th in NSW for increase in median house value (annualised) increase, it is ranked 933th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Batehaven, 2536. Typically our figures indicate that -4.82% is being offered, which puts this NSW suburb at 2479th most discounted overall in Australia.
Often selling an investment property can take time, and in Batehaven the average time real estate has been on the market is 100.62 days.
Property investors who have had real estate in Batehaven, 2536 should be relatively 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 9.97%
Comparing Batehaven,2536 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Batehaven2536 is located in NSW which offers an average discount of -4.96% to property investors. Batehaven itself is showing figures that indicate -4.42% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
With the median price for a house in Batehaven being $320000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.20%
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