Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Property investors have seen a -5.73% drop in PENNANT HILLS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PENNANT HILLS, 2120 saw average growth in the long term.
The NSW 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 $1,440,000
Profits averaged 6.67% per annum over a 3-year period, due to an upward trend in home prices in PENNANT HILLS, 2120.
This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.
The gross rental yield in PENNANT HILLS, 2120 is 2.35%.
An average of 5.33 real estate transactions take place per month in PENNANT HILLS which translates to 64 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,440,000 | $682,500 |
| GROWTH REPORT | ||
| Median Quarterly | -5.73% | 4.6% |
| Median 12 month | -6.19% | -13.61% |
| Median 3 years | 20% | 13.18% |
| Median 5 years | 77.78% | 68.52% |
| 10 years average annual | 8.14% | 7.13% |
| Weekly media advert. rent | $650 | $462.5 |
| Time on Market | 80.3 days | 66.5 days |
| Gross Rental Yield Percent | 2.35% | 3.52% |
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