HOUSES in Bathurst worth over $709,171 are said to be in the top two per cent of homes in this area.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Property group Corelogic has examined property values across Australia and defined what it calls the 'Two Percenters' - houses and units in the 98th percentile of values in each council area.
According to its figures for council areas in this region, Lithgow is best at $794,894, followed by Orange (730,000), Dubbo ($723,896) and then Bathurst.
ALSO MAKING NEWS: One Salvos site sold, the second remains on the market
However, Bathurst Real Estate principal Mick Whittaker said that he is always a bit skeptical of property statistics.
"I'm not saying they're wrong, but when you're on the ground and dealing with stuff all the time, you quite often see a different picture to what's portrayed in these bits and pieces," he said.
In his opinion, more than two per cent of Bathurst houses are above $709,171, probably around five to seven per cent.
There have also been plenty of sales above the $700,000 mark this year, and a couple over $1 million.
Mr Whittaker said that Bathurst and Orange were quite often pitted against each other, but in reality there isn't much of a difference.
"I think it's a little like football, sometimes you're on top, sometimes you're not. At the end of the day, does it really matter?" he said.
The other way to look at the statistics, he said, was that buyers would get better value in Bathurst.
"Bathurst is an exceptionally good-value place to buy. If you want to live and bring your kids up in a place like Bathurst, with good schooling, good sporting facilities, all of those sorts of things, well then Bathurst is obviously a better option for people to buy in," he said.
"On paper, it's telling us it's a little bit cheaper than 45 minutes down the road."
Prospective buyers also never approach Mr Whittaker demanding to only be shown houses in the 98th percentile.
He said buyers have their prices ranges, but ultimately they are looking for a good quality home suited to their tastes that they can afford.