Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
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 $1,961,000.
The upward trend in home prices in ST IVES, 2075 averaged 7.52% per annum over a 3-year period.
Average weekly rents on listings have reached the $1100 mark, reflecting a 2.92% increase in returns based on the current median price in ST IVES.
An average of 16.08 real estate transactions take place per month in ST IVES which translates to 193 per annum.
193 properties were sold in ST IVES in 2016, making it the 550th most active market in NSW based on total real estate transactions.
ST IVES, 2075 places 944th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,961,000 | $1,015,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.11% | -2.64% |
| Median 12 month | -4.34% | 10.33% |
| Median 3 years | 22.56% | 38.66% |
| Median 5 years | 78.27% | 59.84% |
| 10 years average annual | 7.62% | 5.04% |
| Weekly media advert. rent | $1100 | $650 |
| Time on Market | 73.5 days | 66.7 days |
| Gross Rental Yield Percent | 2.92% | 3.33% |
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Australia is currently facing a buyer’s market, but what if you’re looking to sell? A real estate agency head and investor shares his in...
The results of a new survey show where property investors believe are the best capital cities to invest into – and they’re not Sydney or...
There are always opportunities in Australian property markets, and these experts discuss where to look and how to find opportunities in 2019...
With lesser properties and subdued investment activity across softening markets, real estate agents are adamant to get clients to service. H...
The floods in Townsville, Queensland have damaged hundreds of properties, so it’s a good reminder of the importance of insuring your prope...