Rental Insights
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Source: stashproperty.com.au
Development Stats
2024
314
1.2
About the Property
Architecturally Designed Family Haven
10 Toongara Avenue, Bateau Bay, NSW 2261 has a land size of 658 m². It is a house with 5 bedrooms, 2 bathrooms, and 2 parking spaces.
This spectacular tri-level home fuses glamorous contemporary style and low-maintenance living to perfection. A sophisticated family sanctuary, each feature is more impressive than the last from the beautiful high-end build, versatile floor plan and magazine-worthy architectural finishes, to the clear integrity and craftsmanship infusing every detail. Shifting seamlessly from tranquil retreat space to epic entertainer, the north-facing alfresco entertaining is a triumph of dynamic design with two walls of opening glass doors leading from the open plan kitchen, dining and lounge.
From the moment you enter this amazing home a wide entry hall greets you and leads you to a showpiece staircase of oak flooring. A wonderful fusion of natural light through over-sized windows and glass doors throughout and free-flowing living spaces, this beautiful home delivers a sophisticated yet relaxed haven the whole family will adore.
Undercover outdoor living and entertaining zones deliver the seamless indoor/outdoor flow that works so well for family life, while 4 generous bedroom retreats plus a lower-level parent retreat boasting a stylish walk-in robe & chic ensuite. Perfectly positioned just minutes to Bateau Bay Beach and Wyrrabalong National Park the home also boasts wonderful privacy and child-friendly grassed yard and gardens.
– Elegant flow throughout with open lounge/dining area with glass bi-fold stacker doors to sundeck
– Extra wide hallway styled with curved walls; VJ panelling throughout; 11-foot ceilings
– Stunning Smartstone island bench kitchen with quality appliances and an enviable butlers pantry
– Oversized master quarters boasting a walk-in robe with custom built cabinetry and a luxurious ensuite complete with double shower head
– Generous family bath with freestanding tub and curved glass shower, luxurious tiles and brushed gold tapware plus separate guest powder room on the entry level.
– Multi-zoned ducted air-conditioning, timber flooring, sheer curtains and keyless entry
– Exclusive pocket just minutes to Bateau Bay Beach and Wyarrabalong walking trails
From the domain.com.au listing
Source: stashproperty.com.au
About the Suburb
Bateau Bay, NSW 2261 is a diverse suburb with a population of 12,516. The majority of residents fall into the age groups of 45-64 years and 65 and over, indicating a mature community. The median household income is $1,475 weekly. The suburb appeals to families and professionals, with a significant number working as Managers, Professionals, and Technicians/Tradesworkers. The suburb has good access to motor vehicle commuting with a notable percentage working from home.
Bateau Bay presents a mixed market for property investment. The house market has a median price of $1,007,500 with a sale price IQR ratio of 41.8%, indicating the potential for renovation opportunities due to significant price variability. The market absorption rate is high at 31.6%, suggesting strong demand and a likelihood of price appreciation. The high demand for renting out rooms and low vacancy rate make it attractive for investors seeking rental yields. The unit market, although with lower sales volume, offers a good yield of 4.2% with a stable vacancy rate.
Bateau Bay, NSW 2261 offers a stable housing market with potential for renovation projects in the house segment. The suburb’s demographics cater to families and professionals, with good access to amenities and transport options. Investors can benefit from the high demand for rental properties and the potential for good yields. Homebuyers looking for a diverse community and a range of property options should consider Bateau Bay for its lifestyle offerings and investment potential.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
