4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
The suburb’s capital gain of 13.2% for the past year is higher than average compared to its 14.21% growth within a five-year period.
Also in RYDALMERE, the median home price is sitting at $1,205,000, and the average rent at $515, this suggests property owners could potentially earn a 2.22% increase in gross rental yield.
Property investors have seen a 3.21% 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 13.2%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.36% growth over a ten-year period. It ranks 141st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,205,000 | $685,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.21% | 5.55% |
| Median 12 month | 13.2% | 4.98% |
| Median 3 years | -1.63% | 1.48% |
| Median 5 years | 14.21% | -1.08% |
| 10 years average annual | 8.36% | 4.2% |
| Weekly media advert. rent | $515 | $460 |
| Time on Market | 49.8 days | 39.6 days |
| Gross Rental Yield Percent | 2.22% | 3.49% |
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One word: commercial. ...
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