Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
A -0.63% increase in median property prices in THEODORE, 2905 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 72nd.
A steady increase in median property prices over a five-year period in the suburb translates to a 16.4% capital gain.
It 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 $550,000
The augmented property values in the suburb are trailing behind the territorial average of 5.35% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $495.
Home owners selling their properties and realtors in THEODORE usually have to wait an average of 38.2 days days before their assets are lifted off the market.
The ACT suburb ranks 8th on the list of best yielding suburbs for rental properties in ACT, posting a 4.68% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $550,000 | $425,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | -0.63% | 4.42% |
| Median 3 years | 16.4% | 16.6% |
| Median 5 years | 14.58% | 11.48% |
| 10 years average annual | 3.43% | 2.98% |
| Weekly media advert. rent | $495 | $415 |
| Time on Market | 38.2 days | 46.3 days |
| Gross Rental Yield Percent | 4.68% | 5.08% |
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Australia is currently facing a buyer’s market, but what if you’re looking to sell? A real estate agency head and investor shares his in...
The results of a new survey show where property investors believe are the best capital cities to invest into – and they’re not Sydney or...
There are always opportunities in Australian property markets, and these experts discuss where to look and how to find opportunities in 2019...
With lesser properties and subdued investment activity across softening markets, real estate agents are adamant to get clients to service. H...
The floods in Townsville, Queensland have damaged hundreds of properties, so it’s a good reminder of the importance of insuring your prope...