How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
The suburb’s capital gain of -1.12% for the past year is lower than average compared to its 33.8% growth within a five-year period.
Also in MAWSON, the median home price is sitting at $770,000, and the average rent at $550, this suggests property owners could potentially earn a 3.71% increase in gross rental yield.
Property investors have seen a 5.84% gain in MAWSON based on an increase 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 4.9% growth over a ten-year period. It ranks 1727th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $770,000 | $392,500 |
| GROWTH REPORT | ||
| Median Quarterly | 5.84% | -7.32% |
| Median 12 month | -1.12% | -21.5% |
| Median 3 years | 11.19% | -22.96% |
| Median 5 years | 33.8% | -19.24% |
| 10 years average annual | 4.9% | 1.7% |
| Weekly media advert. rent | $550 | $388 |
| Time on Market | 71.5 days | 73.4 days |
| Gross Rental Yield Percent | 3.71% | 5.14% |
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