If you compare the increase in value of investment property in Basin View, 2540 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Basin View has increased when compared to the 5 year average annual rate.
Property buyers and investors in Basin View 2540 should be seeing an average reduction in asking price of around -12.21% . This means that Basin View is holding prices well when compared to other suburbs in NSW.
At number 3505 in a list of fastest selling suburbs, Basin View is in the bottom 10% of suburbs in Australia with an average of days on market 139.1 for properties listed there.
Using the current median advertised rental of $367.5 and the average annual increase in value of a median property of 4.61%, investors should hope to achieve an overall return of 4.25%