Investment property in The Basin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.00%
Over the longer term, The Basin has seen property prices show investors a 35.80% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for The Basin is $605000, with sellers offering an average of -4.17% off the asking price.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 8.25%, investors should hope to achieve an overall return of 3.35%