How to refinance a rental property
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
A 12.75% increase in median property prices in FISHER, 2611 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 7th.
A steady increase in median property prices over a five-year period in the suburb translates to a 16% capital gain.
It also 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 $725,000
The augmented property values in the suburb are trailing above the territorial average of 3.67% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $560.
Home owners selling their properties and realtors in FISHER usually have to wait an average of 66.5 days days before their assets are lifted off the market.
The ACT suburb ranks 49th on the list of best yielding suburbs for rental properties in ACT, posting a 4.02% return.
It also places places 16th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $725,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.32% | N/A |
| Median 12 month | 12.75% | N/A |
| Median 3 years | 16% | N/A |
| Median 5 years | 34.26% | N/A |
| 10 years average annual | 4.35% | N/A |
| Weekly media advert. rent | $560 | N/A |
| Time on Market | 66.5 days | N/A |
| Gross Rental Yield Percent | 4.02% | N/A |
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
The recent reduction of a number of “floor rates” to under 5 per cent could see vendors receiving strong sales up to Christmas and again...
Listings of short-stay rentals on Airbnb and other similar platforms have more than halved – shedding 17,000 properties – in the major m...
While most of the smaller capital cities thrived amid the COVID-19 virus, Sydney, Melbourne and Brisbane found themselves with a mixed bag o...
As bigger capital cities’ rents continue to fall, Perth rent values have soared annually, according to CoreLogic. ...
What are tenancy databases and why should you use them as a landlord? ...
Get notifications in real-time for staying up to date with content that matters to you.
