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...
CHELTENHAM, 2119 ranks 346th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.06% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $1,873,000.
The upward trend in home prices in CHELTENHAM, 2119 averaged 1.35% per annum over a 3-year period.
Average weekly rents on listings have reached the $620 mark, reflecting a 1.72% increase in returns based on the current median price in CHELTENHAM.
An average of 1.58 real estate transactions take place per month in CHELTENHAM which translates to 19 per annum.
19 properties were sold in CHELTENHAM in 2016, making it the 955th most active market in NSW based on total real estate transactions.
CHELTENHAM, 2119 places 819th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,873,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.24% | N/A |
| Median 12 month | 20.06% | N/A |
| Median 3 years | 4.06% | N/A |
| Median 5 years | 20.64% | N/A |
| 10 years average annual | 7.86% | N/A |
| Weekly media advert. rent | $620 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.72% | N/A |
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...
Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, A...
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...
One word: commercial. ...
Get notifications in real-time for staying up to date with content that matters to you.
