The $8 billion tax cash splash and what it means for property values
Australians are cashing in on the federal government's tax cuts and handouts. Here's what it means for local markets. ...
Figures from the previous quarter show that capital gains for real estate buyers in HAWKER are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $575 based on current median home prices for the suburb.
On average, rents on listings have reached the $575 mark, reflecting a 4.15% increase in returns based on the current median price in HAWKER.
HAWKER, 2614 ranks 87th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 46th on the list of best yielding suburbs for rental properties in ACT, posting a 4.15% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | $243,900 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0% |
| Median 12 month | -7.34% | -6.37% |
| Median 3 years | -7.46% | -4.35% |
| Median 5 years | 13.83% | -21.26% |
| 10 years average annual | 1.67% | 1.77% |
| Weekly media advert. rent | $575 | $380 |
| Time on Market | 65.3 days | 43.0 days |
| Gross Rental Yield Percent | 4.15% | 8.1% |
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