Where Hobart house prices are heading, according to ANZ
In the ANZ’s latest report, Australian housing: a strong 2021, the bank’s economists forecast a buoyant year ahead for the Hobart housin...
The suburb’s capital gain of 18.97% for the past year is higher than average compared to its 18.37% growth within a five-year period.
Also in RYDALMERE, the median home price is sitting at $1,160,000, and the average rent at $500, this suggests property owners could potentially earn a 2.24% increase in gross rental yield.
Property investors have seen a 3.57% gain in RYDALMERE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on RYDALMERE, 2116 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.97%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.55% growth over a ten-year period. It ranks 103rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,160,000 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.57% | -2.99% |
| Median 12 month | 18.97% | -7.14% |
| Median 3 years | -1.69% | -5.13% |
| Median 5 years | 18.37% | -4.41% |
| 10 years average annual | 8.55% | 5.75% |
| Weekly media advert. rent | $500 | $460 |
| Time on Market | 50.4 days | 52.3 days |
| Gross Rental Yield Percent | 2.24% | 3.68% |
In the ANZ’s latest report, Australian housing: a strong 2021, the bank’s economists forecast a buoyant year ahead for the Hobart housin...
The cost of stamp duty will be slashed by up to 50 per cent in Victoria under a new move announced in the state budget....
Aside from the time frame, there are subtle differences between the three different types of tenancy agreements. ...
Tasmania has been revealed to be the home of the regional top performer for houses once more. Find out where the best- and worst-performing ...
The NSW government has announced a three-year program, called Project Remediate, to help remove combustible cladding on hundreds of the most...
New research has found that 9 out of 10 Australians find the process of house-hunting more frustrating than exciting, revealing the search f...
Get notifications in real-time for staying up to date with content that matters to you.
