NSW to ban holiday rental guests ‘from hell’
A mandatory code of conduct governing short-term holiday rentals in NSW will be rolled out from 18 December. ...
The suburb’s capital gain of 15.94% for the past year is higher than average compared to its 30.83% 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 FORESTVILLE, the median home price is sitting at $1,655,000, and the average rent at $837.5, this suggests property owners could potentially earn a 2.63% increase in gross rental yield.
Property investors have seen a 2.32% gain in FORESTVILLE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on FORESTVILLE, 2087 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.94%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.29% growth over a ten-year period. It ranks 374th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,655,000 | $1,000,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.32% | 4.56% |
| Median 12 month | 15.94% | 11.11% |
| Median 3 years | -0.3% | 4.71% |
| Median 5 years | 30.83% | -5.66% |
| 10 years average annual | 7.29% | 9.65% |
| Weekly media advert. rent | $837.5 | $600 |
| Time on Market | 54.1 days | 0.0 days |
| Gross Rental Yield Percent | 2.63% | 3.12% |
A mandatory code of conduct governing short-term holiday rentals in NSW will be rolled out from 18 December. ...
Australian mortgage delinquency rates will continue to increase over the next year due to the ongoing economic fallout from the COVID-19 out...
As restrictions begin to ease, the Brisbane property market has begun to work its way towards recovery, with the rental market showing the f...
South Australia’s property market continues to climb in September, with residential property sales up 27.5 per cent from the same time las...
New research has found that Australians increasingly have their sight set on buying property, with one in four looking to purchase now. ...
The COVID-19 pandemic has simply accelerated the tree change that had started prior to the health outbreak, a leading researcher has told Sm...
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