Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Property investors enjoyed capital gains of 2.99% over the last 12 months in BELLEVUE HILL, 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 the NSW suburb obtained a 5.78% growth over a ten-year period. It ranks 1356th on our list of suburbs that property investors should look into.
BELLEVUE HILL, 2023 has a capital gain of 2.99% for the past year, which is lower than average compared to its 76.59% growth within a five-year period.
With the median home price in BELLEVUE HILL sitting at $5,562,500, and the average rent at $2700, property owners could potentially earn a 2.52% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELLEVUE HILL are low, as opposed to average gains per annum over the past five years.
BELLEVUE HILL, 2023 in NSW belongs to the local government area of Woollahra.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $5,562,500 | $1,165,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.01% | -1.27% |
| Median 12 month | 2.99% | -10.38% |
| Median 3 years | 52.4% | 23.12% |
| Median 5 years | 76.59% | 47.84% |
| 10 years average annual | 5.78% | 8.12% |
| Weekly media advert. rent | $2700 | $700 |
| Time on Market | 75.6 days | 79.8 days |
| Gross Rental Yield Percent | 2.52% | 3.12% |
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Every aspect of Perth’s rental market over the September 2018 quarter is benefiting property investors as rental supply is down while d...
With stock levels hitting their highest point since 2012, one property researcher claims buyers “are back in the driver’s seat”. ...
Millennials are facing a unique property investment horizon compared to their predecessors. We speak to a Generation Y property educator to ...
Finding the next property markets set to boom can be as easy as looking out into their 'prime neighbours'. Find out how one expert uses only...
While acquiring finance for property has become harder due to recent lending interventions, experts believe that investors can continue to g...