Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $725,000.
The upward trend in home prices in GUNGAHLIN, 2912 averaged 5.65% per annum over a 3-year period.
Average weekly rents on listings have reached the $600 mark, reflecting a 4.3% increase in returns based on the current median price in GUNGAHLIN.
An average of 3.42 real estate transactions take place per month in GUNGAHLIN which translates to 41 per annum.
41 properties were sold in GUNGAHLIN in 2016, making it the 41st most active market in ACT based on total real estate transactions.
GUNGAHLIN, 2912 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $725,000 | $380,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -1.3% |
| Median 12 month | -0.68% | 14.01% |
| Median 3 years | 16.94% | 2.7% |
| Median 5 years | 34.01% | 0.22% |
| 10 years average annual | 4.41% | 2.42% |
| Weekly media advert. rent | $600 | $450 |
| Time on Market | 78.0 days | 72.7 days |
| Gross Rental Yield Percent | 4.3% | 6.19% |
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
A turbulent 12 months has seen house prices fall by double digits followed by a “mini boom”, leaving investors wondering what is next fo...
A building developer based in Melbourne’s north-east has been sentenced to three years jail after an investigation found he claimed more t...
Parents play a critical role in setting their children up for financial success – imbibing the necessary financial skills, knowledge and a...
“Reckless”, “damaging” and “onerous” are the words being used by an industry body to describe the most significant changes propo...
Thinking about investing outside the capital cities? Here are the regional hubs savvy investors are taking advantage of. ...
Get notifications in real-time for staying up to date with content that matters to you.