Seven Hills sees boost in investor interest
The Sydney-suburb of Seven Hills is gaining popularity, with more investors looking to take advantage of recent developments in the area. ...
Figures from the previous quarter show that capital gains for real estate buyers in PARRAMATTA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $515 based on current median home prices for the suburb.
On average, rents on listings have reached the $515 mark, reflecting a 2.68% increase in returns based on the current median price in PARRAMATTA.
PARRAMATTA, 2150 ranks 1006th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1067th on the list of best yielding suburbs for rental properties in NSW, posting a 2.68% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,000,000 | $620,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -0.8% |
| Median 12 month | -11.11% | -3.88% |
| Median 3 years | 5.26% | -6.06% |
| Median 5 years | 28.21% | 12.73% |
| 10 years average annual | 7.92% | 6.75% |
| Weekly media advert. rent | $515 | $490 |
| Time on Market | 75.0 days | 93.1 days |
| Gross Rental Yield Percent | 2.68% | 4.11% |
The Sydney-suburb of Seven Hills is gaining popularity, with more investors looking to take advantage of recent developments in the area. ...
Of all the capital cities, Perth has experienced the greatest improvement in housing affordability over the year. How can investors maximise...
The harbour city has marked its second-biggest auction week of the year, returning a preliminary clearance rate of 81 per cent. ...
Property owners and tenants are advised to issue caution after work completed by a registered gas fitter saw an “extremely hazardous situa...
When carried out with due diligence, subdividing properties could be a perfect strategy for “creating instant equity”. How can property ...
The Australian Prudential Regulation Authority (APRA) has identified how banks performed in the mortgage market over the September quarter,...
Get notifications in real-time for staying up to date with content that matters to you.