Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Property investors have seen a -0.43% drop in ROUSE HILL based on a decrease 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 $1,160,000
Profits averaged 8.13% per annum over a 3-year period, due to an upward trend in home prices in ROUSE HILL, 2155.
This means, real estate investors could earn a rental income of $630 based on current median home prices for the suburb.
The gross rental yield in ROUSE HILL, 2155 is 2.82%.
An average of 10.42 real estate transactions take place per month in ROUSE HILL which translates to 125 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,160,000 | $692,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.43% | 2.75% |
| Median 12 month | 2.65% | -14.04% |
| Median 3 years | 24.4% | -11.17% |
| Median 5 years | 66.19% | N/A |
| 10 years average annual | 8.31% | 0.11% |
| Weekly media advert. rent | $630 | $585 |
| Time on Market | 70.7 days | 0.0 days |
| Gross Rental Yield Percent | 2.82% | 4.4% |
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