Record Bateau Bay Median House Price - July 15th, 2025

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-bateau-bay-michael-daniels/

The records keep tumbling. Bateau Bay's median house price just reached $1,150,000, one of a handful of Central Coast suburbs that have exceeded the records set during the Covid-19 economic stimulus.

Interestingly, the 3-bedroom median house price is $998,500, and the 4-bedroom median house price is $1,282,500, which is an enormous price gap for a bedroom ($284,000). What caused this discrepancy?

A good way to explore market value is the expression of a property's ability to generate income. The median 4-bedroom rent is $750 per week, which is $39,000 per annum. This is 3.04% of $1,282,500. The median 3-bedroom rent is $600 per week, which is $31,200 per annum. This is 3.12% of $998,500. Both of these yield results indicate that the market yield is in line with the Central Coast Median of 2.92%.

If you would like to discuss your property plans, please email michael.daniels@mortgagechoice.com.au or philip.cooper@mortgagechoice.com.au for advice.

#bateaubay #bateaubaynsw #bateaubayproperty #bateaubayrealestate #centralcoast #centralcoastnsw #centralcoasthomes #centralcoastliving

 


Popular posts from this blog

Tumbi Umbi Median House Price | 20/06/2025

Image
Tumbi Umbi's median house price has reached its prior peak, which was achieved during the COVID-19 stimulus program. $1,070,000 sets a new record for Tumbi Umbi. As median house prices have grown by 34% over the last 5 years, median house rents have risen by 55%, to $630 per week. Interestingly, the median rent recently fell from a peak of $725 per week in December 2024, which is undoubtedly welcome relief for tenants.  According to the realestate.com.au results, 3-bedroom rental yields are 3.01% p.a ($630 per week x 52 weeks = $32,670)  and  4-bedroom rental yields are 3.76% ($800 per week x 52 weeks = $41,600), despite 4-bedroom median house prices being $280,000 higher than the 3-bedroom median house price of $825,000. As always, if you would like to discuss your property plans, please call us, your Mortgage Choice Tumbi Umbi experts, Michael Daniels or Philip Cooper. Mortgage Choice Tumbi Umbi
Read more

Central Coast median house price rises for 6th consecutive month

Image
  UPDATE | 10/06/2025 | Central Coast Median House price rises for 6th consecutive month The median house price on the Central Coast for May 2025 is $1,044,750. Exactly 10 years ago, the median house price was $499,250. Will the median house price double again in 10 years?  I would have answered no to that question in 2015, but a combination of general inflation, rising wages and accommodating lending policies (especially during COVID-19) drove the median through the roof. In fact, between mid-2020 and mid-2022, our median rose by 61% from $650,000 to $1,050,000.  Fortunately, this median dropped by $100,000 over the following 12 months; however, we are now only $6,000 away from the COVID-19-induced peak. This has been a devastating change for our first home buyers, and predictions of further variable interest rate cuts will likely accelerate house price growth.  If you know a potential first-home buyer who would like a maximum purchase price estimate (no obligation)...
Read more

Kincumber is $210 per bedroom per week | 12/06/2025

Image
A surprising result that shows the current median rent for Kincumber rental houses is approximately $210 per bedroom, for both 3-bedroom and 4-bedroom houses. Examining the rental market insights for Kincumber, the charts offer a clear picture of median rental price trends for 3-bedroom and 4-bedroom houses from June 2020 to May 2025. For 3-bed houses, the median price has stabilised at $640 per week, with a flat 0.0% growth over the past 12 months, reflecting a steady market. The 5-year trend shows a gradual rise from $480 to $660, with some fluctuations, indicating resilience despite economic shifts. In contrast, 4-bed houses have seen a median price of $840 per week, with a healthy 2.4% growth over the past year, suggesting increasing demand. The 5-year trend for 4-bedroom homes has climbed from $570 to $855, indicating stronger appreciation. This data highlights diverse rental dynamics based on bedroom size. For expert advice on navigating these trends or securing a mortgage, consi...
Read more