Qld property owners urged to act now on smoke alarm compliance
Property owners in Queensland strata schemes have been advised to ensure their units are compliant with the state government’s smoke alarm...
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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