BASS HILL ranks 1042nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 0.35% for the past year is lower than average compared to its 70.89% growth within a five-year period.
Also in BASS HILL, the median home price is sitting at $863,000, and the average rent at $570, this suggests property owners could potentially earn a 3.43% increase in gross rental yield.
Property investors have seen a -1.93% drop in BASS HILL based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.73% growth over a ten-year period. It ranks 272nd on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in BASS HILL, 2197 translates to a 41% capital gain.
BASS HILL, 2197 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $705,000.
Augmented property values in BASS HILL are trailing behind the NSW average of 4.18% for the past year.
Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BASS HILL usually have to wait an average of 31.7 days days before their assets are lifted off the market.
BASS HILL ranks 434th on the list of best yielding suburbs for rental properties in NSW, posting a 3.54% return.
BASS HILL, 2197 places 467th in Australia based on median property value growth during the quarter.