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 enjoyed capital gains of 17.32% over the last 12 months in HOMEBUSH, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in HOMEBUSH are low, as opposed to average gains per annum over the past five years.
The suburb posted a 70.38% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $612.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $612.5 mark, reflecting a 1.19% increase in returns based on the current median price in HOMEBUSH.
HOMEBUSH, 2140 ranks 139th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1176th on the list of best yielding suburbs for rental properties in NSW, posting a 1.19% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,675,000 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | 21.59% | 0% |
| Median 12 month | 17.32% | -2.99% |
| Median 3 years | 70.38% | 0.31% |
| Median 5 years | 143.4% | 31.05% |
| 10 years average annual | 15.1% | 5.12% |
| Weekly media advert. rent | $612.5 | $550 |
| Time on Market | 0.0 days | 81.5 days |
| Gross Rental Yield Percent | 1.19% | 4.4% |
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...
An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...
The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...
Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...
In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...