Rental property rarely used as retirement income tool
Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...
Property investors enjoyed capital gains of 42.79% over the last 12 months in BRADDON, translating to lower returns compared with its peers in ACT.
A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 10.91% growth over a ten-year period. It ranks 3042nd on our list of suburbs that property investors should look into.
With the median home price in BRADDON sitting at $1,170,900, and the average rent at $660, property owners could potentially earn a 2.93% increase in gross rental yield.
A 42.79% increase in median property prices in BRADDON, 2612 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 1st.
BRADDON, 2612 in ACT belongs to the local government area of Unincorporated ACT.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,170,900 | $450,000 |
| GROWTH REPORT | ||
| Median Quarterly | 12.52% | 3.46% |
| Median 12 month | 42.79% | 4.65% |
| Median 3 years | N/A | 4.65% |
| Median 5 years | N/A | 4.5% |
| 10 years average annual | 10.91% | 1.35% |
| Weekly media advert. rent | $660 | $495 |
| Time on Market | 0.0 days | 86.7 days |
| Gross Rental Yield Percent | 2.93% | 5.72% |
Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...
A big four bank has announced reductions to investor home loan rates, applying to both new and existing customers. ...
A new report has revealed the unique circumstances affecting renters across each of Australia’s capital cities and how this might bode for...
Australia’s booming e-commerce marketplace is set to have a flow-on effect for industrial property investors, according to an investment o...
Fire safety reforms to be implemented across NSW are set to affect building owners, developers and the construction industry from April 202...
Despite much of the real estate focus being on Sydney and Melbourne, regional Australia is performing just as well, a property researcher ha...
Get notifications in real-time for staying up to date with content that matters to you.