
One in two Aussies does not believe banks act in their best interests when refinancing
Australians looking to take advantage of record-low interest rates are unlikely to speak with their bank, but have a high level of trust in ...
QUEENSCLIFF, 2096 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling QUEENSCLIFF, 2096 values up and netting property investors a capital gain of 31.78% for the past year.
Investors saw the median home price rise to $3,400,000.
Profits due to an upward trend in home prices in the suburb averaged 10.72% per annum over a 3-year period.
QUEENSCLIFF now ranks at the 37th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $900 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In QUEENSCLIFF, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 13 properties were sold in QUEENSCLIFF during the past year, making it the 1210th most active market in NSW based on total real estate transactions.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $3,400,000 | $1,085,000 |
GROWTH REPORT | ||
Median Quarterly | 17.24% | 9.87% |
Median 12 month | 31.78% | 10.15% |
Median 3 years | 32.17% | -1.23% |
Median 5 years | N/A | 27.65% |
10 years average annual | 22.08% | 6.6% |
Weekly media advert. rent | $900 | $665 |
Time on Market | 0.0 days | 39.3 days |
Gross Rental Yield Percent | 1.38% | 3.19% |
Australians looking to take advantage of record-low interest rates are unlikely to speak with their bank, but have a high level of trust in ...
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...
Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...
2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...