With a capital gain of 9.29% for the last 12 months, Bass Hill, 2197 has performed for property investments than its average annual 9.18% property growth over the last 5 years.
While Bass Hill,2197 ranked number 1049th in NSW for increase in median house value (annualised) increase, it is ranked 503th over the last 5 years.
Our latest figures would indicate that property sellers in Bass Hill are currently offering property investors an average price cut of -5.93% below the asking price at the moment.
Property investors should expect to get $580 weekly from the median priced house in this suburb.
Over the last year, property investments in Bass Hill, 2197 have given investors a capital gain of 12.61%. This compares favourably with the 7.48% for NSW as a whole.
Comparing Bass Hill,2197 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.22% to buyers in Bass Hill at the moment, which is less than average for the rest of NSW.
In the last year 13 properties changed hands in Bass Hill, which puts it as the 550th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $485 and the average annual increase in value of a median property of 8.93%, investors should hope to achieve an overall return of 3.39%