Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Property investments in MONASH fare well against the rest of the country last year, registering a median home price increase of 4.24%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MONASH, 2904 saw average growth in the long term.
Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 39.8 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $615,000.
MONASH ranks 41st on the list of best yielding suburbs for rental properties in ACT, posting a 4.23% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $615,000 | $457,500 |
| GROWTH REPORT | ||
| Median Quarterly | 4.24% | 0.55% |
| Median 12 month | 4.24% | 2.12% |
| Median 3 years | 8.85% | 6.4% |
| Median 5 years | 18.96% | 8.83% |
| 10 years average annual | 3.12% | 2.27% |
| Weekly media advert. rent | $500 | $470 |
| Time on Market | 39.8 days | 60.9 days |
| Gross Rental Yield Percent | 4.23% | 5.34% |
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
An examination of ABS data has found a rising trend of taller apartment buildings, providing an insight into what Australia’s future unit ...
New transport infrastructure spending is set to benefit one coastal suburb in Western Australia, which has been labelled one of the best sub...
Going into a market that is yet to fully recover could pose a risk, but there are strong opportunities in one recovering capital city, accor...
Experts believe that Labor’s proposal to change tax policies can cause significant impact to the property market. How can investors prepar...
The results of a new report show that Melbourne suburbs were quite prominent in the country’s top hotspots for building approvals and popu...