At number 2502th in the list of Australian suburbs ordered by increase in median house value over the last year, Bass Hill, 2197 is in the BOTTOM 50% with a property value increase of 2.37% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Bass Hill,2197 has racked up an average of 2.37% over the period. This ranks it number 671th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Bass Hill itself are offering an average vendor discount of -6.79% to real estate investors.
Residents and property investors in Bass Hill have been waiting around 86.78 days to sell a property.
A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.55%, without taking into account capital value appreciation, which has been averaging out at 7.83%.
Bass Hill has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.32% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bass Hill comes in at number 63th in NSW.
At number 9th of NSW’s most discounted properties, Bass Hill is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Bass Hill, 2197’s gross rental yield is 3.78%