Melbourne overtakes Sydney as the busiest city for auctions
Melbourne was host to 894 auctions over the past week, overtaking Sydney as the busiest capital city for auctions. ...
Property investors have seen a -0.89% drop in HUNTERS HILL based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HUNTERS HILL, 2110 saw average growth in the long term.
The NSW 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 $3,050,000
Profits averaged 2.59% per annum over a 3-year period, due to an upward trend in home prices in HUNTERS HILL, 2110.
This means, real estate investors could earn a rental income of $900 based on current median home prices for the suburb.
The gross rental yield in HUNTERS HILL, 2110 is 1.53%.
An average of 9.25 real estate transactions take place per month in HUNTERS HILL which translates to 111 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $3,050,000 | $1,080,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.89% | -5.26% |
| Median 12 month | 9.32% | 22.03% |
| Median 3 years | 7.77% | 10.2% |
| Median 5 years | 32.32% | 24.14% |
| 10 years average annual | 7.34% | 11.39% |
| Weekly media advert. rent | $900 | $500 |
| Time on Market | 64.4 days | 62.4 days |
| Gross Rental Yield Percent | 1.53% | 2.41% |
Melbourne was host to 894 auctions over the past week, overtaking Sydney as the busiest capital city for auctions. ...
New figures from the Australian Banking Association showing that the number of deferred loans has fallen below 300,000 is positive news for ...
As an Australian, you’re able to buy residential property in New Zealand. ...
Home renovations and public sector works are boosting the construction industry. ...
Superannuation is becoming an increasingly important asset in households’ wealth portfolios, but a gap remains between males’ and female...
Tenant advocates have been pushing to cancel all rental debts, but the Real Estate Institute of Victoria believes this could send a wrong me...
Get notifications in real-time for staying up to date with content that matters to you.
