Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
Property investors have seen a -3.16% drop in ST JOHNS PARK based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ST JOHNS PARK, 2176 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 $765,000
Profits averaged 1.03% per annum over a 3-year period, due to an upward trend in home prices in ST JOHNS PARK, 2176.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in ST JOHNS PARK, 2176 is 3.4%.
An average of 4.08 real estate transactions take place per month in ST JOHNS PARK which translates to 49 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $765,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.16% | N/A |
| Median 12 month | -7.5% | N/A |
| Median 3 years | 3.1% | N/A |
| Median 5 years | 38.34% | N/A |
| 10 years average annual | 8.15% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 59.9 days | N/A |
| Gross Rental Yield Percent | 3.4% | N/A |
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