Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
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 $985,000.
The downward trend in home prices in BEROWRA HEIGHTS, 2082 averaged -2.06% per annum over a 3-year period.
Average weekly rents on listings have reached the $600 mark, reflecting a 3.17% increase in returns based on the current median price in BEROWRA HEIGHTS.
An average of 4.67 real estate transactions take place per month in BEROWRA HEIGHTS which translates to 56 per annum.
56 properties were sold in BEROWRA HEIGHTS in 2016, making it the 300th most active market in NSW based on total real estate transactions.
BEROWRA HEIGHTS, 2082 places 544th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $985,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.86% | N/A |
| Median 12 month | 8.54% | N/A |
| Median 3 years | -6.19% | N/A |
| Median 5 years | 19.11% | N/A |
| 10 years average annual | 6.09% | N/A |
| Weekly media advert. rent | $600 | N/A |
| Time on Market | 77.2 days | N/A |
| Gross Rental Yield Percent | 3.17% | N/A |
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors often seek to manufacture equity by building and renovating – a strategy that could be made or broken by their chosen l...
As the country moves to recover from the impact of the COVID-19 outbreak, how will the Perth property market fare over the remainder of 2020...
Despite leading economists predicting a fall in the housing market once government support is withdrawn, a leading property researcher belie...
From the extension of several states’ rental moratoriums to the reopening of Victoria’s property marketplace: Here are this week’s big...
Once through with the initial steps of property investment, the more sophisticated investors jump onto building and renovation as their next...
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