
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. ...
A steady increase in median property prices over a five-year period in the suburb translates to a -18.38% capital gain.
Property investors in OLD GUILDFORD enjoyed capital gains of 4.25% over the last 12 months translating to lower returns compared with its peers in the territory.
The 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 $784,975.
Profits due to an downward trend in home prices there averaged -6.13% per annum over a 3-year period.
Home owners selling their properties and realtors in OLD GUILDFORD usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $450 mark, reflecting a 2.98% increase in returns based on the current median price in OLD GUILDFORD.
OLD GUILDFORD, 2161 places 444th in Australia based on median property value growth during the quarter.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $784,975 | N/A |
GROWTH REPORT | ||
Median Quarterly | 3.76% | N/A |
Median 12 month | 4.25% | N/A |
Median 3 years | -18.38% | N/A |
Median 5 years | 3.97% | N/A |
10 years average annual | 7.35% | N/A |
Weekly media advert. rent | $450 | N/A |
Time on Market | 0.0 days | N/A |
Gross Rental Yield Percent | 2.98% | N/A |
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...