8 tips when researching your next dream purchase
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
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 $784,000.
The upward trend in home prices in FORDE, 2914 averaged 3.84% per annum over a 3-year period.
Average weekly rents on listings have reached the $665 mark, reflecting a 4.41% increase in returns based on the current median price in FORDE.
An average of 6.17 real estate transactions take place per month in FORDE which translates to 74 per annum.
74 properties were sold in FORDE in 2016, making it the 7th most active market in ACT based on total real estate transactions.
FORDE, 2914 places 36th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $784,000 | $563,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.13% | -2.38% |
| Median 12 month | -2.61% | 8.27% |
| Median 3 years | 11.52% | 10.39% |
| Median 5 years | 29.59% | 8.53% |
| 10 years average annual | 12.01% | 1.53% |
| Weekly media advert. rent | $665 | $560 |
| Time on Market | 63.7 days | 95.6 days |
| Gross Rental Yield Percent | 4.41% | 5.17% |
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
An already tough regional Victorian housing market is likely to be hugely impacted by the state’s bushfire crisis, a real estate body has ...
While the Perth property market continued its downward trend towards the bottom of the market, experts believe that the Western Australian c...
New data has suggested positive signs for investor lending going forward. ...
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the g...
The number of new home building starts has decreased to its lowest point since early 2013, according to ABS research. ...
Get notifications in real-time for staying up to date with content that matters to you.