Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
CLAREVILLE, 2107 ranks 48th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 36.4% 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 $2,762,000.
The downward trend in home prices in CLAREVILLE, 2107 averaged -1.45% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CLAREVILLE.
An average of 1.75 real estate transactions take place per month in CLAREVILLE which translates to 21 per annum.
21 properties were sold in CLAREVILLE in 2016, making it the 877th most active market in NSW based on total real estate transactions.
CLAREVILLE, 2107 places 5th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,762,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 31.52% | N/A |
| Median 12 month | 36.4% | N/A |
| Median 3 years | -4.35% | N/A |
| Median 5 years | 60.58% | N/A |
| 10 years average annual | 14.05% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Darwin’s rental market has emerged as the unlikely winner of 2020 following massive gains in the December quarter. ...
The total value of loan commitments for investor housing rose 6 per cent month-on-month to reach $5.6 billion in November last year, as the ...
Whether you’re a traveller or not, it’s most likely you’ve heard of Airbnb. The digital marketplace, which connects people who want to...
Having successfully shovelled millions into the local economy, the Northern Territory has extended its BuildBonus scheme to 31 March 2021, w...
Despite the headwinds of 2020, Victoria and Tasmania capped off the year with not one but two record months for home sales. ...
Get notifications in real-time for staying up to date with content that matters to you.
