How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
The suburb’s capital gain of -6.57% for the past year is lower than average compared to its 64.53% growth within a five-year period.
Also in CARLINGFORD, the median home price is sitting at $1,350,000, and the average rent at $640, this suggests property owners could potentially earn a 2.47% increase in gross rental yield.
Property investors have seen a -1.71% drop in CARLINGFORD based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.71% growth over a ten-year period. It ranks 233rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,350,000 | $710,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.71% | -2.07% |
| Median 12 month | -6.57% | -2.74% |
| Median 3 years | 3.85% | -5.33% |
| Median 5 years | 64.53% | 26.08% |
| 10 years average annual | 8.71% | 5.16% |
| Weekly media advert. rent | $640 | $530 |
| Time on Market | 63.6 days | 68.9 days |
| Gross Rental Yield Percent | 2.47% | 3.88% |
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