Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Based on its average 5-year and quarterly capital gains KINGSTON, 2604 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 107.8 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,430,000.
KINGSTON ranks 88th on the list of best yielding suburbs for rental properties in ACT, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,430,000 | $550,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.72% | -0.3% |
| Median 12 month | N/A | 9.02% |
| Median 3 years | 102.84% | 12.24% |
| Median 5 years | N/A | 5.77% |
| 10 years average annual | 35.71% | 1.76% |
| Weekly media advert. rent | N/A | $520 |
| Time on Market | 107.8 days | 89.0 days |
| Gross Rental Yield Percent | N/A | 4.92% |
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors often seek to manufacture equity by building and renovating – a strategy that could be made or broken by their chosen l...
As the country moves to recover from the impact of the COVID-19 outbreak, how will the Perth property market fare over the remainder of 2020...
Despite leading economists predicting a fall in the housing market once government support is withdrawn, a leading property researcher belie...
From the extension of several states’ rental moratoriums to the reopening of Victoria’s property marketplace: Here are this week’s big...
Once through with the initial steps of property investment, the more sophisticated investors jump onto building and renovation as their next...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment