CBA profits dip 11%, offset by home lending spike
Above-system home lending volumes and record-high deposit growth have cushioned the COVID-induced hit to the major bank’s bottom line. ...
The suburb’s capital gain of 33.41% for the past year is higher than average compared to its 36.61% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MIDDLE COVE, the median home price is sitting at $2,254,000, and the average rent at $1100, this suggests property owners could potentially earn a 2.54% increase in gross rental yield.
Property investors have seen a 24.6% gain in MIDDLE COVE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MIDDLE COVE, 2068 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 33.41%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.04% growth over a ten-year period. It ranks 490th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,254,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 24.6% | N/A |
| Median 12 month | 33.41% | N/A |
| Median 3 years | 2.22% | N/A |
| Median 5 years | 36.61% | N/A |
| 10 years average annual | 7.04% | N/A |
| Weekly media advert. rent | $1100 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.54% | N/A |
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