If you compare the increase in value of investment property in Basin View, 2540 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.63%.
Basin View,2540 was ranked 782 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Basin View are currently offering property investors an average price cut of -4.93% below the asking price at the moment.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.95%, without taking into account capital value appreciation, which has been averaging out at 5.99%.