How rental and vacancy rates are performing in major capitals
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
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 $1,953,000.
The upward trend in home prices in CLAREVILLE, 2107 averaged 4.13% per annum over a 3-year period.
Average weekly rents on listings have reached the $1147.5 mark, reflecting a 3.06% increase in returns based on the current median price in CLAREVILLE.
An average of 1.17 real estate transactions take place per month in CLAREVILLE which translates to 14 per annum.
14 properties were sold in CLAREVILLE in 2016, making it the 1194th most active market in NSW based on total real estate transactions.
CLAREVILLE, 2107 places 1206th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,953,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7% | N/A |
| Median 12 month | -26.99% | N/A |
| Median 3 years | 12.4% | N/A |
| Median 5 years | 50.81% | N/A |
| 10 years average annual | 10.91% | N/A |
| Weekly media advert. rent | $1147.5 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.06% | N/A |
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...
A new report projects what major shifts in the economy need to take place to ensure growth, and the make-up of the property market factors s...
The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to ...
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
Get notifications in real-time for staying up to date with content that matters to you.