Major bank finds first-home buyers buck history
New research from a major bank shows first home buyers are populating the investment market in bigger numbers than ever before. ...
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 $842,500.
The upward trend in home prices in GRANVILLE, 2142 averaged 3.94% per annum over a 3-year period.
Average weekly rents on listings have reached the $500 mark, reflecting a 3.09% increase in returns based on the current median price in GRANVILLE.
An average of 6.17 real estate transactions take place per month in GRANVILLE which translates to 74 per annum.
74 properties were sold in GRANVILLE in 2016, making it the 156th most active market in NSW based on total real estate transactions.
GRANVILLE, 2142 places 582nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $842,500 | $511,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.3% | -1.16% |
| Median 12 month | 5.97% | -0.68% |
| Median 3 years | 11.81% | -10.34% |
| Median 5 years | 79.45% | 55.24% |
| 10 years average annual | 9.9% | 7.47% |
| Weekly media advert. rent | $500 | $420 |
| Time on Market | 52.4 days | 72.3 days |
| Gross Rental Yield Percent | 3.09% | 4.27% |
New research from a major bank shows first home buyers are populating the investment market in bigger numbers than ever before. ...
The CEO of a real estate body has continued his criticism of NSW’s stamp duty reforms, which were announced by the government earlier this...
Just one capital city saw home value growth over the last week, new data indicates. ...
A new online platform that combines a property listing portal and a social media platform has launched. ...
In the face of a changing property market, investors are wary about the future of the builders’ market, particularly in the softening capi...
The results of a new report claims Airbnb is having a direct impact on the housing market, especially property located in tourism hotspots, ...