Bass Hill is an average performer in NSW when comparing median price capital growth over the last year. Bass Hill gave property investors a average capital gain figure when compared to the rest of the state, with 8.26%.
The five-year average increase in median property values for Bass Hill,2197 has given property investors a potential capital gain of 73.00% across each of those five years.
Our latest figures would indicate that property sellers in Bass Hill are currently offering property investors an average price cut of -7.15% below the asking price at the moment.
Residents and property investors in Bass Hill have been waiting around 87.7 days to sell a property.
With the median price for a house in Bass Hill being $865000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.37%
Over the last year, property investments in Bass Hill, 2197 have given investors a capital gain of 10.08%. This compares favourably with the 6.96% for NSW as a whole.
A 67.11% growth in median value for property investors in Bass Hill,2197 puts this suburb at number 107th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -7.97% to buyers in Bass Hill at the moment, which is less than average for the rest of NSW.
In the last year 14 properties changed hands in Bass Hill, which puts it as the 524th most active market in NSW when comparing the number of sales per suburb.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 8.84%.