Investment property in Bass Hill has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.24%
While Bass Hill,2197 ranked number 642th in NSW for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bass Hill, 2197. Typically our figures indicate that -6.51% is being offered, which puts this NSW suburb at 1564th most discounted overall in Australia.
With the median price for a house in Bass Hill being $820000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.55%
Over the last year, property investments in Bass Hill, 2197 have given investors a capital gain of 7.32%. This compares favourably with the 5.41% for NSW as a whole.
A 59.04% growth in median value for property investors in Bass Hill,2197 puts this suburb at number 271th in terms of best performing suburbs in NSW
Bass Hill2197 is located in NSW which offers an average discount of -4.42% to property investors. Bass Hill itself is showing figures that indicate -8.29% is the average achievable by property buyers investing in the suburb.