Suburb Profile Report for Bass Hill NSW (2197)

Bass Hill House: Median price $838,500, Annual capital growth 8.00%, Number of sales 110, Weekly median advertised rent $580

Bass Hill Unit: Median price $660,000, Annual capital growth 8.28%, Number of sales 15, Weekly median advertised rent $525

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Bass Hill is in the bottom 30% in NSW when comparing median price capital growth over the last year. Bass Hill gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.97%.

If we look at median property appreciation over just the last three months, Bass Hill has given property investors a paper return of 2.26%. This puts Suburb as 733 on a list of fastest fasting appreciating suburbs in NSW

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 -7.30% is being offered, which puts this NSW suburb at 1073th most discounted overall in Australia.

Often selling an investment property can take time, and in Bass Hill the average time real estate has been on the market is 89.02 days.

Situated 17.20km from the CBD, Bass Hill is one of Bankstown localities in the postcode 2197.

Giving property investors a a stable capital gain of 6.02% for the last year, Bass Hill, 2197 is the 621th highest performer in Australia in this respect.

Over the longer term, Bass Hill has seen property prices show investors a 47.16% return over the last 3 years. This is worse than over the last 12 months

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 -9.04% is being offered, which puts this NSW suburb at 112th most discounted overall in Australia.

With the median price for a house in Bass Hill being $660000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 4.14%

YIP MAG Information supplied by:

YIP MAG
August 2015

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Bass Hill may be located 23km south-west of the Sydney CBD, yet it’s only about 15 minutes to the popular business districts in Bankstown and Liverpool.Full summary Bass Hill may be located 23km south-west of the Sydney CBD, yet it’s only about 15 minutes to the popular business districts in Bankstown and Liverpool.

The main shopping centre is Bass Hill Plaza and there are plenty of buses operating to get residents there.

There are also further great shopping options in neighbouring Chester Hill and Georges Hall.

This suburb is becoming increasingly sought-after, as indicated by the vacancy rate of just 0.82% and the fact that units typically spend just 20 days on the market before being sold.

Despite the strong demand for Bass Hill, the 12 month growth rate has not reached double figures unlike the vast majority of suburbs in the Bankstown LGA.

Consequently, there is potentially further strong growth over the next year or so.

Modern two-bedroom units on Hector St are close to parks, buses, shops and schools.

They can be bought for around the $380,000 mark.Close
Metrics i HOUSE UNIT
$838,500 $660,000
2.26% N/A
3.97% 6.02%
8.00% 8.28%
$580 $525
110 15
3.60% 4.14%
89.02 63.53

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 8175
Median household income ($/weekly) 1051
Median age of persons 36
Median housing loan repayment ($/monthly) 2004
Average household size 3
  • Census Count Percent(%)
    5-14 years 1120 13.7
    25-34 years 1031 12.6
    35-44 years 1059 13.0
    45-54 years 1051 12.9
    55-64 years 876 10.7
    Others 3038 37.2
    Age Group
    Census Count Percent(%)
    Registered Married 3018 51.0
    Not Married 2707 45.8
    Defacto Relationship 191 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4927 63.8
    Japan 153 2.0
    Malaysia 605 7.8
    Viet Nam 503 6.5
    Other 465 6.0
    Others 1067 13.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 488 6.4
    Christianity 4894 64.6
    Islam 1640 21.7
    Other Religious Groups 47 0.6
    No Religion 476 6.3
    Others 30 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 210 9.3
    $400-$599 247 10.9
    $600-$799 239 10.6
    $1,000-$1,249 225 10.0
    $1,500-$1,999 254 11.3
    Others 1082 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2735 45.5
    Employed, worked full-time 1894 31.5
    Employed, worked part-time 893 14.9
    Unemployed, looking for work 251 4.2
    Employed, away from work 239 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 294 9.7
    Professionals 479 15.8
    Technicians & trades workers 513 17.0
    Clerical & administrative workers 543 18.0
    Sales 294 9.7
    Others 901 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 159 7.9
    Infants/Primary 716 35.7
    Secondary 575 28.6
    Technical or Further Educational Institution 206 10.3
    University or other Tertiary Institutions 309 15.4
    Others 42 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6088 79.4
    Semi-detached, row or terrace house, townhouse 1194 15.6
    Flat, unit or apartment 338 4.4
    Caravan, cabin, houseboat 52 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 876 35.5
    Being purchased 852 34.5
    Rented 717 29.0
    Other tenure type 24 1.0
    Tenure Type
Census 2011, ABS
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