How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
The suburb’s capital gain of 3.79% for the past year is lower than average compared to its 59.32% growth within a five-year period.
Also in AVALON BEACH, the median home price is sitting at $1,816,250, and the average rent at $895, this suggests property owners could potentially earn a 2.56% increase in gross rental yield.
Property investors have seen a 0.01% gain in AVALON BEACH based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.3% growth over a ten-year period. It ranks 1280th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,816,250 | $835,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.01% | -0.6% |
| Median 12 month | 3.79% | 7.67% |
| Median 3 years | 30.2% | 28.46% |
| Median 5 years | 59.32% | 54.63% |
| 10 years average annual | 6.3% | 5.96% |
| Weekly media advert. rent | $895 | $572.5 |
| Time on Market | 60.6 days | 99.5 days |
| Gross Rental Yield Percent | 2.56% | 3.57% |
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