ATO lends support to flood-affected property owners
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Property investors enjoyed capital gains of 1.41% over the last 12 months in POTTS POINT, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that POTTS POINT, 2011 obtained a 7.77% growth over a ten-year period. It ranks 159th on our list of suburbs that property investors should look into.
POTTS POINT, 2011 has a capital gain of 1.41% for the past year, which is lower than average compared to its 30.91% growth within a five-year period.
With the median home price in POTTS POINT sitting at $720,000, and the average rent at $575, property owners could potentially earn a 4.15% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in POTTS POINT are low, as opposed to average gains per annum over the past five years.
POTTS POINT, 2011 in NSW belongs to the local government area of Sydney (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $720,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -2.04% |
| Median 12 month | N/A | 1.41% |
| Median 3 years | N/A | 2.86% |
| Median 5 years | N/A | 30.91% |
| 10 years average annual | N/A | 7.77% |
| Weekly media advert. rent | N/A | $575 |
| Time on Market | N/A | 52.0 days |
| Gross Rental Yield Percent | N/A | 4.15% |
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Almost a third of young Aussies are looking to enter the property market in the next five years, but they are missing some vital steps in th...
The government has released the draft code of conduct by NSW Fair Trading for short-term rental accommodation in NSW, which investors using ...
In NSW, 21 people die each year as a result of fires at home, prompting Fire and Rescue NSW to push for more mandatory safety provisions. ...
A leading economic forecaster has explained that interest rates could come back to bite us when they finally return to normal levels, and ha...
Get notifications in real-time for staying up to date with content that matters to you.