When will house prices rise? A new report reveals all
Though the property market is tipped to bottom out sooner than expected following the federal election, new research shows actual gains coul...
Property investors have seen a -5.14% drop in BELLA VISTA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELLA VISTA, 2153 saw average growth in the long term.
The NSW 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 $1,531,944
Profits averaged 4.42% per annum over a 3-year period, due to an upward trend in home prices in BELLA VISTA, 2153.
This means, real estate investors could earn a rental income of $830 based on current median home prices for the suburb.
The gross rental yield in BELLA VISTA, 2153 is 2.82%.
An average of 6.33 real estate transactions take place per month in BELLA VISTA which translates to 76 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,531,944 | $866,000 |
| GROWTH REPORT | ||
| Median Quarterly | -5.14% | -1.93% |
| Median 12 month | -11.75% | -22.51% |
| Median 3 years | 13.27% | N/A |
| Median 5 years | 56.32% | 110.96% |
| 10 years average annual | 7.9% | 5.96% |
| Weekly media advert. rent | $830 | $650 |
| Time on Market | 57.3 days | 0.0 days |
| Gross Rental Yield Percent | 2.82% | 3.9% |
Though the property market is tipped to bottom out sooner than expected following the federal election, new research shows actual gains coul...
A non-major lender has revealed new modelling which shows how Australians with a moderate mortgage can save up to $47,000 in interest paymen...
Australia’s banks and lenders are under pressure from lobbyists to ease their access to finance for Australian property buyers, following ...
In response to new guidance from the banking regulator, another one of the big four banks has adjusted its loan serviceability terms. ...
Those property investors with property in their superannuation should review their arrangements in light of current market conditions, accor...
A healthy credit score can be the difference between securing a loan and being rejected, but many property investors don’t realise the lit...
Get notifications in real-time for staying up to date with content that matters to you.