Bateau Bay is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 12,516, the suburb has an established demographic with a median age of 42. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bateau Bay is $933,000, having dropped significantly 20.9% over the past year. Units have a median price of $705,000 (+2.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,058.
Bateau Bay is served by 2 schools, including 2 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 87 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Bateau Bay offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($933K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved -20.9% year-on-year.
Bateau Bay is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 12,516, the suburb has an established demographic with a median age of 42. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bateau Bay is $933,000, having dropped significantly 20.9% over the past year. Units have a median price of $705,000 (+2.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,058.
Bateau Bay is served by 2 schools, including 2 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 87 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Bateau Bay offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($933K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved -20.9% year-on-year.