‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Figures from the previous quarter show that capital gains for real estate buyers in FRASER 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 $532.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $532.5 mark, reflecting a 4.2% increase in returns based on the current median price in FRASER.
FRASER, 2615 ranks 87th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 47th on the list of best yielding suburbs for rental properties in ACT, posting a 4.2% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -9.28% | N/A |
| Median 12 month | -10.81% | N/A |
| Median 3 years | 5.85% | N/A |
| Median 5 years | 30.69% | N/A |
| 10 years average annual | 4.16% | N/A |
| Weekly media advert. rent | $532.5 | N/A |
| Time on Market | 51.8 days | N/A |
| Gross Rental Yield Percent | 4.2% | N/A |
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
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