Giving property investors a a solid capital gain of 27.80% for the last year, Batlow, 2730 is the 68th highest performer in Australia in this respect.
Batlow,2730 was ranked 52 in Australia by increase in median property value over the quarter.
Batlow, 2730 is offering NSW ‘s 663th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Situated 335.04km from the CBD, Batlow is one of Snowy Valleys (A) localities in the postcode 2730.
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Agricultural suburb boasts low prices
Median house price: $160,000
Three-year growth: 14.3%
Rental yield: 7.0%
If you love fruits, Batlow is the place to be in the Tumut region of NSW. It is particularly known for its beautiful apples, which are shipped across Australia and around the world. In fact, Batlow houses one of the country’s iconic “big things”, the Big Apple, and the suburb’s tagline is “Famous for Apples.”
Cherries and stone fruit are also grown in abundance here, and the suburb certainly celebrates this food heritage through its local festivals, such as the Batlow CiderFest and the Batlow Apple Blossom Festival. Being a part of the Snowy Balleys Way tour route does not hurt either!
Batlow is one of the most affordable suburbs in NSW, with house prices coming in at a median of just $160,000. Meanwhile, the average rental yield is very high at a whopping 7%.