Property management company hit with $80k fine
A property management company has been fined $80,000 for failing to lodge tenancy bonds on time and for keeping records that contained false...
Property investors have seen a -0.46% drop in RICHARDSON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RICHARDSON, 2905 saw average growth in the long term.
The ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $545,000
Profits averaged 6.59% per annum over a 3-year period, due to an upward trend in home prices in RICHARDSON, 2905.
This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
The gross rental yield in RICHARDSON, 2905 is 4.58%.
An average of 2.25 real estate transactions take place per month in RICHARDSON which translates to 27 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $545,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.46% | N/A |
| Median 12 month | -0.37% | N/A |
| Median 3 years | 19.78% | N/A |
| Median 5 years | 21.11% | N/A |
| 10 years average annual | 3.1% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 64.5 days | N/A |
| Gross Rental Yield Percent | 4.58% | N/A |
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