Popular borrowing strategy in government’s sights
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $1,180,000.
The upward trend in home prices in TEMPE, 2044 averaged 7.85% per annum over a 3-year period.
Average weekly rents on listings have reached the $700 mark, reflecting a 3.08% increase in returns based on the current median price in TEMPE.
An average of 3.92 real estate transactions take place per month in TEMPE which translates to 47 per annum.
47 properties were sold in TEMPE in 2016, making it the 407th most active market in NSW based on total real estate transactions.
TEMPE, 2044 places 782nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,180,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.84% | N/A |
| Median 12 month | -8.45% | N/A |
| Median 3 years | 23.56% | N/A |
| Median 5 years | 68.57% | N/A |
| 10 years average annual | 9.41% | N/A |
| Weekly media advert. rent | $700 | N/A |
| Time on Market | 55.6 days | N/A |
| Gross Rental Yield Percent | 3.08% | N/A |
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...
New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...
Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...
One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...
No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcityâ...