If you compare the increase in value of investment property in Bass Hill, 2197 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -0.25%.
Bass Hill,2197 was ranked 2416 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Bass Hill should be aiming for at least -6.63% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 111 properties changed hands in Bass Hill, which puts it as the 218th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $560 mark per week – giving a return of 3.64% based on the median price in Suburb
Giving property investors a a stable capital gain of 7.32% for the last year, Bass Hill, 2197 is the 542th highest performer in Australia in this respect.
Over the longer term, Bass Hill has seen property prices show investors a 50.00% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Bass Hill should be aiming for at least -8.29% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Bass Hill, 2197 is in the Bankstown local government area.