Bathurst is an average performer in NSW when comparing median price capital growth over the last year. Bathurst gave property investors a average capital gain figure when compared to the rest of the state, with 9.78%.
While Bathurst,2795 ranked number 869th in NSW for increase in median house value (annualised) increase, it is ranked 1007th over the last 5 years.
Property buyers and investors in Bathurst 2795 should be seeing an average reduction in asking price of around -4.29% . This means that Bathurst is holding prices well when compared to other suburbs in NSW.
Bathurst is 244th on a list of best yielding suburbs for rents in NSW with a 4.53% return
NSW has seen average median house prices change by 8.39% which means that Bathurst, 2795 has done well for property investors by showing a capital gain of 4.91% over the last year
The five-year average increase in median property values for Bathurst,2795 has given property investors a potential capital gain of 40.87% across each of those five years.
Vendor discounting in Bathurst is giving property investors an average Vendor Discount of around -3.93%. This puts suburb at number 147th in NSW when ranking the most discounted suburbs.
In the last year 83 properties changed hands in Bathurst, which puts it as the 184th most active market in NSW when comparing the number of sales per suburb.
Situated 153.65km from the CBD, Bathurst is one of Bathurst Regional localities in the postcode 2795.
Bathurst could soon be known for more than just car races, with the central New South Wales township showing some signs of life.Full summary
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Bathurst could soon be known for more than just car races, with the central New South Wales township showing some signs of life.Close
Median house prices in the town, which has a population of around 6,600, are sitting at $345,000, after growing by 19% over the past three years.
Rental yields are also sitting at a respectable level, with investors receiving 5% returns.
While it may be most well-known for Mount Panorama and the Bathurst 1000, there are other things outside that one day of the year that could make
Bathurst an attractive investment location. The growing Charles Sturt University is on the town’s perimeter, while the town is serviced by both public and private hospitals.
There are also numerous public and private schooling options in the town.
Bathurst is also just a short drive from Orange and the region is becoming a popular tourist destination due to its wineries and historical buildings.