Property management: You get what you pay for
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
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 $1,300,000.
Investors saw the median home price rise to $1,300,000.
The upward trend in home prices in HUNTLEYS COVE, 2111 averaged 11% per annum over a 3-year period.
HUNTLEYS COVE now ranks at the 518th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in HUNTLEYS COVE are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $690 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HUNTLEYS COVE, homes and units usually stay on listing for an average of 0.0 days.
20 properties were sold in HUNTLEYS COVE in 2016, making it the 360th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $1,300,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -12.16% |
| Median 12 month | N/A | -14.19% |
| Median 3 years | N/A | 32.99% |
| Median 5 years | N/A | 52.94% |
| 10 years average annual | N/A | 7.29% |
| Weekly media advert. rent | N/A | $690 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 2.76% |
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