How property investors can claim $9k in deductions
Claiming tax back can be a tricky minefield to navigate, but one depreciation specialist believes new property investments can hold almost $...
Â
Â
A 11.49% increase in median property prices in GORDON, 2906 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 15th.
A steady increase in median property prices over a five-year period in the suburb translates to a 23% 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 $655,000
The augmented property values in the suburb are trailing above 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 $520.
Home owners selling their properties and realtors in GORDON usually have to wait an average of 60.6 days days before their assets are lifted off the market.
The ACT suburb ranks 34th on the list of best yielding suburbs for rental properties in ACT, posting a 4.13% return.
It also places places 24th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $655,000 | $402,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.34% | 0.5% |
| Median 12 month | 11.49% | 5.51% |
| Median 3 years | 23% | 8.65% |
| Median 5 years | 33.67% | 10.14% |
| 10 years average annual | 3.52% | 1.87% |
| Weekly media advert. rent | $520 | $420 |
| Time on Market | 60.6 days | 62.7 days |
| Gross Rental Yield Percent | 4.13% | 5.43% |
Claiming tax back can be a tricky minefield to navigate, but one depreciation specialist believes new property investments can hold almost $...
The expectations of renters are set to evolve as urban residential design does. Here are what investors need to know about what’s in the p...
The warmer weather has driven Sydney vacancy rates down, new data from the Real Estate Institute of NSW reveals. ...
After getting his tips as a buyer's agent, Smart Property Investment had a chat to Ben Handler about his personal property portfolio and hi...
While experts believe that most property investors will be fine as lending interventions are implemented, first-home buyers could be taking ...
Over 1,000 requests to access superannuation have been made to the Tax Office by first home buyers, under a scheme first introduced in last ...