How property investors can avoid costing themselves thousands
Ahead of the 31 October deadline for lodging tax returns, property investors are being warned to not leave thousands of dollars in the ...
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 $860,000.
The downward trend in home prices in PEMULWUY, 2145 averaged -1.66% per annum over a 3-year period.
Average weekly rents on listings have reached the $630 mark, reflecting a 3.81% increase in returns based on the current median price in PEMULWUY.
An average of 2.92 real estate transactions take place per month in PEMULWUY which translates to 35 per annum.
35 properties were sold in PEMULWUY in 2016, making it the 570th most active market in NSW based on total real estate transactions.
PEMULWUY, 2145 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $860,000 | $555,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -1.77% |
| Median 12 month | -4.55% | N/A |
| Median 3 years | -4.97% | -0.49% |
| Median 5 years | 6.5% | 11.33% |
| 10 years average annual | 5.95% | 5.54% |
| Weekly media advert. rent | $630 | $440 |
| Time on Market | 57.9 days | 50.3 days |
| Gross Rental Yield Percent | 3.81% | 4.12% |
Ahead of the 31 October deadline for lodging tax returns, property investors are being warned to not leave thousands of dollars in the ...
While COVID-19 clipped the wings of Sydney’s property market recovery, interrupting a solid rebound since the federal election in May 2019...
The unprecedented socioeconomic effects of COVID-19 has become a catalyst for change that is seeing Australians rethinking the way they want...
COVID-19 has become a catalyst for change, seeing Australians refashioning their homes and rethinking where they want to live, the latest Mc...
The knock-on effects of the COVID-19 pandemic on Australia’s property market are comparable to the global financial crisis (GFC), but are...
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
Get notifications in real-time for staying up to date with content that matters to you.
