How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
Subscribe to our newsletter
Property investments in LANE COVE WEST fare well against the rest of the country last year, registering a median home price increase of -0.11%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains LANE COVE WEST, 2066 saw average growth in the long term.
Real estate investors could earn a rental income of $980 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,828,000.
LANE COVE WEST ranks 1006th on the list of best yielding suburbs for rental properties in NSW, posting a 2.79% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,828,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.08% | N/A |
| Median 12 month | -0.11% | N/A |
| Median 3 years | -8.26% | N/A |
| Median 5 years | 21.87% | N/A |
| 10 years average annual | 7.77% | N/A |
| Weekly media advert. rent | $980 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.79% | N/A |
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...
With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...
Australian landlords and tenants could be treated differently during COVID-19 depending on their location in Australia, it’s been revealed...
The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...
New research has highlighted how the nation’s rural markets are performing amid the coronavirus pandemic. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
