Property value increases in Bass Hill have tracked close to the NSW average of 10.55% over the last 12 months.
Taking the average capital gain, or increase in median house value, Bass Hill,2197 has racked up an average of 9.77% over the period. This ranks it number 768th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Bass Hill is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 316th in terms of most discounted suburbs in NSW
Situated 17.02km from the CBD, Bass Hill is one of Bankstown localities in the postcode 2197.
NSW has seen average median house prices change by 8.01% which means that Bass Hill, 2197 has done well for property investors by showing a capital gain of 14.29% over the last year
LACK OF BUYER INTEREST may well be the reason that Bass Hill is offering property investors an average of -4.12. This rate of discount on properties puts Suburb at number 259th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Bass Hill the average time real estate has been on the market is 66.28 days.
With the median price for a house in Bass Hill being $720000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.61%