Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
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Property investors have seen a -0.81% 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 $922,500
Profits averaged -1.13% 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 3.38%.
An average of 12.25 real estate transactions take place per month in ROUSE HILL which translates to 147 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $922,500 | $645,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.81% | 2.79% |
| Median 12 month | -11.72% | -5.15% |
| Median 3 years | -3.4% | -5.7% |
| Median 5 years | 12.5% | -18.25% |
| 10 years average annual | 5.73% | -1.67% |
| Weekly media advert. rent | $600 | $500 |
| Time on Market | 69.7 days | 73.0 days |
| Gross Rental Yield Percent | 3.38% | 4.03% |
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