Housing market reached turning point mid-2019
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
Subscribe to our newsletter
The suburb’s capital gain of -1.94% for the past year is lower than average compared to its 24.73% growth within a five-year period.
Also in CALWELL, the median home price is sitting at $580,000, and the average rent at $500, this suggests property owners could potentially earn a 4.48% increase in gross rental yield.
Property investors have seen a 0.87% gain in CALWELL 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 3.16% growth over a ten-year period. It ranks 2348th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | $410,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.87% | 0% |
| Median 12 month | -1.94% | 3.8% |
| Median 3 years | 16.23% | 13.42% |
| Median 5 years | 24.73% | 12.79% |
| 10 years average annual | 3.16% | 1.85% |
| Weekly media advert. rent | $500 | $430 |
| Time on Market | 63.6 days | 56.1 days |
| Gross Rental Yield Percent | 4.48% | 5.45% |
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
“Social distancing – no. Physical distancing – yes,” says Mark Armstrong, CEO and co-founder of RateMyAgent. ...
The world came to a halt in March following the imposition of city-wide lockdowns to combat the spread of COVID-19. How will the Melbourne p...
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...
With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
