Reduction in building construction to fuel Brisbane’s recovery, says expert
Buyer’s agent Melinda Jennison is optimistic about the future of the Brisbane property market, provided that certain growth drivers serve ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.79% growth over a ten-year period. It ranks 17th on our list of suburbs that property investors should look into.
FAIRFIELD, 2165 has a capital gain of -9.76% for the past year, which is lower than average compared to its 42.1% growth within a five-year period.
With the median home price in FAIRFIELD sitting at $740,000, and the average rent at $470, property owners could potentially earn a 3.3% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FAIRFIELD are low, as opposed to average gains per annum over the past five years.
FAIRFIELD, 2165 in NSW belongs to the local government area of Fairfield (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $740,000 | $425,000 |
| GROWTH REPORT | ||
| Median Quarterly | -10.57% | 0% |
| Median 12 month | -9.76% | 1.2% |
| Median 3 years | 1.79% | 2.41% |
| Median 5 years | 42.1% | 38.44% |
| 10 years average annual | 8.79% | 7.78% |
| Weekly media advert. rent | $470 | $380 |
| Time on Market | 80.0 days | 66.0 days |
| Gross Rental Yield Percent | 3.3% | 4.65% |
Buyer’s agent Melinda Jennison is optimistic about the future of the Brisbane property market, provided that certain growth drivers serve ...
Risks associated with the downturn in the property market have “abated”, according to Australia’s financial regulators. ...
The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less...
New research has revealed what the average investor is spending on their renovations, with a change in priorities pinpointed year-on-year. ...
The prudential regulator has launched a consultation on a proposal that would expand its collection remit for home lending data. ...
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
Get notifications in real-time for staying up to date with content that matters to you.