Capital city clearance rates highest since 2017
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
The suburb’s capital gain of 3.33% for the past year is lower than average compared to its 36.87% growth within a five-year period.
Also in PAGE, the median home price is sitting at $620,000, and the average rent at $480, this suggests property owners could potentially earn a 4.03% increase in gross rental yield.
Property investors have seen a 1.64% gain in PAGE 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 4.74% growth over a ten-year period. It ranks 1778th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | $400,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.64% | 0% |
| Median 12 month | 3.33% | -4.99% |
| Median 3 years | 24.75% | 0.25% |
| Median 5 years | 36.87% | 4.1% |
| 10 years average annual | 4.74% | 0.71% |
| Weekly media advert. rent | $480 | $440 |
| Time on Market | 40.5 days | 0.0 days |
| Gross Rental Yield Percent | 4.03% | 5.72% |
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
The major bank has pledged $2 billion in funding and services to assist not-for-profit affordable and specialist housing providers, includin...
A local property development group is set to take on Melbourne’s build-to-rent sector after observing what it has described as a lack of n...
A decline in property prices in some capital cities has reduced the time needed to save for a deposit, particularly in Sydney. ...
As other property markets experience declines, Brisbane has stood out for its resilience, ultimately gaining the title of “most attractive...
There are 10 suburbs across Australia where investors will be grinning with the thought their property value could increase drastically duri...
Get notifications in real-time for staying up to date with content that matters to you.