Rental moratorium extension to create ‘perfect storm’ for mum and dad investors
The NSW government’s decision to extend its rental moratorium has been hit with criticism, with flow-on effects set to severely impact mum...
Property investors have seen a 13.96% gain in WARRAWEE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WARRAWEE, 2074 saw average growth in the long term.
The NSW 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 $2,825,000
Profits averaged -1.94% per annum over a 3-year period, due to an downward trend in home prices in WARRAWEE, 2074.
This means, real estate investors could earn a rental income of $900 based on current median home prices for the suburb.
The gross rental yield in WARRAWEE, 2074 is 1.66%.
An average of 2.42 real estate transactions take place per month in WARRAWEE which translates to 29 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,825,000 | $986,250 |
| GROWTH REPORT | ||
| Median Quarterly | 13.96% | -8.26% |
| Median 12 month | -3.91% | 7.2% |
| Median 3 years | -5.83% | -33.72% |
| Median 5 years | 30.79% | 25.48% |
| 10 years average annual | 9.83% | 8.01% |
| Weekly media advert. rent | $900 | $555 |
| Time on Market | 54.5 days | 77.6 days |
| Gross Rental Yield Percent | 1.66% | 2.93% |
The NSW government’s decision to extend its rental moratorium has been hit with criticism, with flow-on effects set to severely impact mum...
Master Builders Australia has said that recent lending changes are set to provide a big boost for home ownership and bolster economic recov...
Housing affordability pressures have intensified for first home buyers in five of Australia’s major capitals, who now require more time to...
Wealthi investment director Stephanie Davies has acknowledged that we’re seeing a lot of markets retracting and property values taking a d...
There’s no shortage of information in the media speculating on the state of the Australian property market, but Right Property Group’s V...
The number of homes expected to go under the hammer across the combined capital cities is expected to rise 24 per cent week-on-week. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment