NSW has seen average median house prices change by 11.67% which means that Batemans Bay, 2536 has done well for property investors by showing a capital gain of 9.01% over the last year
If we look at median property appreciation over just the last three months, Batemans Bay has given property investors a paper return of 4.59%. This puts Suburb as 324 on a list of fastest fasting appreciating suburbs in NSW
At number 566th of NSW’s most discounted properties, Batemans Bay is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Batemans Bay the average time real estate has been on the market is 94.08 days.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 2.16%.
Investment property in Batemans Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.82%
Over the longer term, Batemans Bay has seen property prices show investors a 19.10% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Batemans Bay 2536 should be seeing an average reduction in asking price of around -6.58% . This means that Batemans Bay is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Batemans Bay have been waiting around 91.5 days to sell a property.
With the median price for a house in Batemans Bay being $277500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.25%