The types of property making money for investors in 2019
The current property market is seeing a boost of confidence following recent political and financial moves. If investors what to stand out i...
The suburb’s capital gain of -5.44% for the past year is lower than average compared to its 50.45% growth within a five-year period.
Also in BASS HILL, the median home price is sitting at $835,000, and the average rent at $555, this suggests property owners could potentially earn a 3.46% increase in gross rental yield.
Property investors have seen a -1.76% 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 8.37% growth over a ten-year period. It ranks 351st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $835,000 | $690,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.76% | -1.43% |
| Median 12 month | -5.44% | -8% |
| Median 3 years | 5.03% | 12.2% |
| Median 5 years | 50.45% | 56.82% |
| 10 years average annual | 8.37% | 9.42% |
| Weekly media advert. rent | $555 | $480 |
| Time on Market | 52.5 days | 40.0 days |
| Gross Rental Yield Percent | 3.46% | 3.62% |
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