Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors enjoyed capital gains of 4.18% over the last 12 months in MAROUBRA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in MAROUBRA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
On average, rents on listings have reached the $850 mark, reflecting a 2.33% increase in returns based on the current median price in MAROUBRA.
MAROUBRA, 2035 ranks 616th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1022nd on the list of best yielding suburbs for rental properties in NSW, posting a 2.33% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,900,000 | $870,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.69% | 4.82% |
| Median 12 month | 4.18% | 7.74% |
| Median 3 years | -0.63% | -3.33% |
| Median 5 years | 24.59% | 17.57% |
| 10 years average annual | 5.56% | 4.87% |
| Weekly media advert. rent | $850 | $590 |
| Time on Market | 72.3 days | 53.3 days |
| Gross Rental Yield Percent | 2.33% | 3.53% |
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