
Why buying under market value is not always a good idea
Most investors believe that sourcing a bargain property is like striking gold, but one expert explains why it could signal trouble. ...
Property investors have seen a 2.35% gain in ROUSE HILL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ROUSE HILL, 2155 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 $980,000
Profits averaged -2.07% per annum over a 3-year period, due to an downward trend in home prices in ROUSE HILL, 2155.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in ROUSE HILL, 2155 is 3.18%.
An average of 13.5 real estate transactions take place per month in ROUSE HILL which translates to 162 per annum.
Rouse Hill is a suburb in the Greater Western Sydney area that belongs to the Hills District of Sydney. It has access to the Sydney central business district via the Warringah Freeway in North Sydney.
Infrastructure upgrades
A massive transformation is taking place in Rouse Hill following a number of infrastructure works all throughout the metro. Some road widening projects in the suburb have just wrapped up; the same goes for its railway link, with the last of the concrete piece fitted into the railway bridge over Windsor Road and Rouse Hill. The addition of new infrastructure has opened up new developments in the suburb, as property investors anticipate an influx of new residents.
Amenities
Rouse Hill amenities include a number of day care facilities, primary schools, parks, and a town centre that answers residents' lifestyle needs. A new school has been green-lighted for construction soon, as well. The government of Rouse Hill is particularly focused on giving the go ahead for infrastructure projects and amenities to cater to its swelling population.
Real estate cost
The median home price in Rouse Hill have increased in the past five years by over 60 per cent. The gross rental yield is also on a slow but steady climb. New residential developments are buoying prices, with several apartment units and homes being offered for off-the-plan purchase or in the form of full turnkey packages. Vast lots that have been released for rezoning are also on offer.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $980,000 | $655,000 |
GROWTH REPORT | ||
Median Quarterly | 2.35% | 0.92% |
Median 12 month | 7.1% | 4.38% |
Median 3 years | -6.22% | -1.5% |
Median 5 years | 8.95% | -2.24% |
10 years average annual | 5.41% | -3.02% |
Weekly media advert. rent | $600 | $470 |
Time on Market | 43.3 days | 90.1 days |
Gross Rental Yield Percent | 3.18% | 3.73% |
Most investors believe that sourcing a bargain property is like striking gold, but one expert explains why it could signal trouble. ...
Following a tough 2020, property investment activity is expected to rebound strong, expanding by 50 per cent in the second half of 2021. ...
Record numbers of first home buyers are coming into the market assisted by the government’s HomeBuilder stimulus, which is expected to hel...
2020 was a big year for Australian commercial real estate (CRE), with new figures pointing to record bank debt for the sector in excess of $...
Banksia Grove has emerged as Western Australia’s top suburb by sales activity growth in December, with experts predicting strong sales act...
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...