Real Estate information from 1993 (goldcoastrealestates.au/gold-coast-real-estates-articles/1994/3/3/a-to-z-guide-to-the-central-coast/) BATEAU BAY 1993: 92 house sales, median price: $145,000 (19, $138,000); units: 8, $208,750 (3, $90,000); land: 19, $69,000 (5, $62,000). Bateau Bay, with 7,300 residents in 1991, is the second-largest suburb in Wyong after Gorokan (8,850) and it is almost built out. Land stock is very tight and Ross Steel, of Bateau Bay First National Real Estate, said many sites were being bought for medium-density developments. House prices, which have been stagnant for four years, were starting to move. First homebuyers and investors are getting back into the market, he said You can still get a fibro home for under $110,000, an average brick home for $155,000 and quite a few sales are over $200,000, but they take longer.
Posted on: Fri, 14 Nov 2014 04:55:40 +0000
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