‘Devil’s in the details’: Senators scrutinise FHB scheme
A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of...
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 $950 based on current median home prices for the suburb.
On average, rents on listings have reached the $950 mark, reflecting a 2.57% increase in returns based on the current median price in MAROUBRA.
MAROUBRA, 2035 ranks 1058th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1085th on the list of best yielding suburbs for rental properties in NSW, posting a 2.57% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,925,000 | $850,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.17% | -1.73% |
| Median 12 month | -5.9% | -7.61% |
| Median 3 years | 10.57% | 10.75% |
| Median 5 years | 48.08% | 36% |
| 10 years average annual | 8.65% | 6.04% |
| Weekly media advert. rent | $950 | $650 |
| Time on Market | 53.6 days | 57.0 days |
| Gross Rental Yield Percent | 2.57% | 3.98% |
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