Over the last year, property investments in Bass Hill, 2197 have given investors a capital gain of 4.77%. This compares badly with the 7.47% for NSW as a whole.
If we look at median property appreciation over just the last three months, Bass Hill has given property investors a paper return of 3.09%. This puts Suburb as 512 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Bass Hill should be aiming for at least -6.04% off the asking price, which is the average vendor discount being achieved at the moment.
Bass Hill has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.50% to date .
Taking the average capital gain, or increase in median house value, Bass Hill,2197 has racked up an average of 6.50% over the period. This ranks it number 103th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Bass Hill are currently offering property investors an average price cut of -8.81% below the asking price at the moment.
Often selling an investment property can take time, and in Bass Hill the average time real estate has been on the market is 62.28 days.
Bass Hill is 378th on a list of best yielding suburbs for rents in NSW with a 3.81% return