Fresh tax crackdown captures short-term rental platforms
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
The suburb’s capital gain of 6.94% for the past year is lower than average compared to its 55.38% growth within a five-year period.
Also in EDMONDSON PARK, the median home price is sitting at $909,000, and the average rent at $620, this suggests property owners could potentially earn a 3.55% increase in gross rental yield.
Property investors have seen a 1.22% gain in EDMONDSON PARK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.33% growth over a ten-year period. It ranks 94th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $909,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.22% | N/A |
| Median 12 month | 6.94% | N/A |
| Median 3 years | 21.36% | N/A |
| Median 5 years | 55.38% | N/A |
| 10 years average annual | 9.33% | N/A |
| Weekly media advert. rent | $620 | N/A |
| Time on Market | 86.5 days | N/A |
| Gross Rental Yield Percent | 3.55% | N/A |
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...
Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...
Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...
Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...