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 18.80%.
Across a shorter period, Basin View, 2540 has seen a median price increase of 1.45% over the last quarter.
Property investors looking for a bargain in Basin View should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 4.52%