APRA leaves door open to new lending curbs
The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against...
Based on its average 5-year and quarterly capital gains MILSONS POINT, 2061 saw average growth in the long term.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an downward trend in home prices in MILSONS POINT, 2061 averaged -0.31% per annum over a 3-year period.
Average weekly rents on listings have reached the $850 mark, reflecting a 2.75% increase in returns based on the current median price in MILSONS POINT.
An average of 4.58 real estate transactions take place per month in MILSONS POINT which translates to 55 per annum.
55 properties were sold in MILSONS POINT during the past year, making it the 93rd most active market in NSW based on total real estate transactions.
MILSONS POINT, 2061 places 42nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $1,610,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 5.23% |
| Median 12 month | N/A | 2.55% |
| Median 3 years | N/A | -0.92% |
| Median 5 years | N/A | 72.38% |
| 10 years average annual | N/A | 14.18% |
| Weekly media advert. rent | N/A | $850 |
| Time on Market | N/A | 42.4 days |
| Gross Rental Yield Percent | N/A | 2.75% |
The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against...
With housing now seen as the ultimate status of wealth, Australia is in for an outpour of new investors looking to add to their property por...
The May federal election hurt the property market, with larger regions outside of the Australian capitals having sales volumes fall by nearl...
The corporate regulator has used its product intervention powers to prohibit a model of short-term lending, which, it has found, causes “s...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Brisbane, along with Melbourne, has recently replaced Sydney as the “bell of the property ball”. Find out how investors can maximise wea...
Get notifications in real-time for staying up to date with content that matters to you.