Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Based on its average 5-year and quarterly capital gains GILMORE, 2905 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GILMORE, 2905 obtained a 2.98% growth over a ten-year period. It ranks 2399th on our list of suburbs that property investors should look into.
GILMORE, 2905 in ACT belongs to the local government area of Unincorporated ACT.
GILMORE, 2905 has a capital gain of 7.23% for the past year, which is higher than average compared to its 29.14% growth within a five-year period.
With the median home price in GILMORE sitting at $600,500, and the average rent at $590, property owners could potentially earn a 5.11% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GILMORE are low, as opposed to average gains per annum over the past five years.
A 7.23% increase in median property prices in GILMORE, 2905 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 28th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $600,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.78% | N/A |
| Median 12 month | 7.23% | N/A |
| Median 3 years | 12.77% | N/A |
| Median 5 years | 29.14% | N/A |
| 10 years average annual | 2.98% | N/A |
| Weekly media advert. rent | $590 | N/A |
| Time on Market | 56.4 days | N/A |
| Gross Rental Yield Percent | 5.11% | N/A |
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Experts have warned that the NSW government’s proposed $25,000 new property tax system might drive up house prices. ...
The residential vacancy rate across Perth declined slightly in October, coinciding with a drop in new investment financing. ...
Scheduled auction volumes are expected to surge above 2,000 for the first time since April, CoreLogic has found. ...
Doom and gloom headlines filled the news as soon as COVID-19 outbreak began, and Australia ultimately headed to its first recession in over ...
In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant discuss buying in the GFC, prop...
Get notifications in real-time for staying up to date with content that matters to you.
