Suburb Profile Report for Batlow NSW (2730)

Batlow House: Median price $165,000, Annual capital growth 3.16%, Number of sales 44, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Investment property in Batlow 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 7.74%

While Batlow,2730 ranked number 451th in NSW for increase in median house value (annualised) increase, it is ranked 1270th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.00% offered to property buyers. Sellers in Batlow itself are offering an average vendor discount of -6.80% to real estate investors.

Information supplied by:


February 2019

M
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W
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Agricultural suburb boasts low prices

Postcode: 2730

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%.

Metrics i HOUSE UNIT
$165,000 N/A
0.00% N/A
7.74% N/A
3.16% N/A
$240 N/A
44 N/A
7.80% N/A
82.3 N/A

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1421
Median household income ($/weekly) 785
Median age of persons 47
Median housing loan repayment ($/monthly) 965
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 176 12.4
    35-44 years 167 11.7
    45-54 years 207 14.6
    55-64 years 230 16.2
    65-74 years 170 12.0
    Others 472 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 526 50.7
    Not Married 407 39.2
    Defacto Relationship 105 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1152 86.8
    Greece 16 1.2
    Papua New Guinea 26 2.0
    United Kingdom 45 3.4
    Other 44 3.3
    Others 44 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.8
    Christianity 1018 77.9
    Hinduism 3 0.2
    Other Religious Groups 7 0.5
    No Religion 264 20.2
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 62 11.4
    $400-$599 94 17.3
    $600-$799 69 12.7
    $1,250-$1,499 56 10.3
    $1,500-$1,999 56 10.3
    Others 205 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 485 43.5
    Employed, worked full-time 388 34.8
    Employed, worked part-time 164 14.7
    Employed, away from work 41 3.7
    Unemployed, looking for work 36 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 90 15.2
    Technicians & trades workers 57 9.6
    Clerical & administrative workers 53 8.9
    Machinery operators & drivers 82 13.8
    Labourers 175 29.5
    Others 136 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 20 7.7
    Infants/Primary 113 43.6
    Secondary 73 28.2
    Technical or Further Educational Institution 37 14.3
    University or other Tertiary Institutions 13 5.0
    Others 3 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1262 97.9
    Caravan, cabin, houseboat 11 0.9
    House or flat attached to a shop, office 9 0.7
    Semi-detached, row or terrace house, townhouse 4 0.3
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 256 46.1
    Being purchased 159 28.6
    Rented 140 25.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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