Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
Property investors enjoyed capital gains of 8.13% over the last 12 months in GREENFIELD PARK, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.21% growth over a ten-year period. It ranks 436th on our list of suburbs that property investors should look into.
GREENFIELD PARK, 2176 has a capital gain of 8.13% for the past year, which is higher than average compared to its 10.27% growth within a five-year period.
With the median home price in GREENFIELD PARK sitting at $811,000, and the average rent at $470, property owners could potentially earn a 3.01% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GREENFIELD PARK are high, as opposed to average gains per annum over the past five years.
GREENFIELD PARK, 2176 in NSW belongs to the local government area of Fairfield (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $811,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.31% | N/A |
| Median 12 month | 8.13% | N/A |
| Median 3 years | -0.67% | N/A |
| Median 5 years | 10.27% | N/A |
| 10 years average annual | 7.21% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.01% | N/A |
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...
Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...
2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Get notifications in real-time for staying up to date with content that matters to you.
