How Will The Budget Impact The Housing Market?
While the 2021 budget included a number of measures relevant to property investors, an expert has questioned whether any...
Property investors have seen a 1.83% gain in HARRISON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HARRISON, 2914 saw average growth in the long term.
The ACT 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 $763,750
Profits averaged 1.35% per annum over a 3-year period, due to an upward trend in home prices in HARRISON, 2914.
This means, real estate investors could earn a rental income of $640 based on current median home prices for the suburb.
The gross rental yield in HARRISON, 2914 is 4.36%.
An average of 6 real estate transactions take place per month in HARRISON which translates to 72 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.65%||5%|
|Median 3 years||4.05%||16.67%|
|Median 5 years||21.23%||12.01%|
|10 years average annual||6.75%||1.24%|
|Weekly media advert. rent||$640||$460|
|Time on Market||80.0 days||72.0 days|
|Gross Rental Yield Percent||4.36%||5.7%|