Big opportunities for property investors in 2019, expert tips
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
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 $2,700,000.
The upward trend in home prices in STRATHFIELD, 2135 averaged 11.61% per annum over a 3-year period.
Average weekly rents on listings have reached the $800 mark, reflecting a 1.54% increase in returns based on the current median price in STRATHFIELD.
An average of 9.75 real estate transactions take place per month in STRATHFIELD which translates to 117 per annum.
117 properties were sold in STRATHFIELD in 2016, making it the 1324th most active market in NSW based on total real estate transactions.
STRATHFIELD, 2135 places 438th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,700,000 | $710,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.5% | 0% |
| Median 12 month | 4.96% | -2.07% |
| Median 3 years | 34.83% | 3.2% |
| Median 5 years | 87.83% | 33.96% |
| 10 years average annual | 10.1% | 6.5% |
| Weekly media advert. rent | $800 | $550 |
| Time on Market | 71.9 days | 68.4 days |
| Gross Rental Yield Percent | 1.54% | 4.03% |
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
Vacancy rates are starting to rise back after last month’s decline, new data shows. ...
Home values continued their continued decline over the last week, with the exception of one capital city holding steady, the latest data sho...
New housing supply will likely be impacted by a changing financing market for property investors, an industry boss predicts. ...
As most capital city property markets follow a downward trend, Queensland’s capital Brisbane continues to thrive through its strong local ...
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...