Popular borrowing strategy in government’s sights
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
Based on its average 5-year and quarterly capital gains LAKEMBA, 2195 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that LAKEMBA, 2195 obtained a 9.85% growth over a ten-year period. It ranks 21st on our list of suburbs that property investors should look into.
LAKEMBA, 2195 in NSW belongs to the local government area of Canterbury.
LAKEMBA, 2195 has a capital gain of -1.88% for the past year, which is lower than average compared to its 77.36% growth within a five-year period.
With the median home price in LAKEMBA sitting at $940,000, and the average rent at $550, property owners could potentially earn a 3.04% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LAKEMBA are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $940,000 | $430,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.53% | -0.41% |
| Median 12 month | -1.88% | 0% |
| Median 3 years | 13.94% | 1.53% |
| Median 5 years | 77.36% | 48.28% |
| 10 years average annual | 9.85% | 9.74% |
| Weekly media advert. rent | $550 | $380 |
| Time on Market | 63.8 days | 75.9 days |
| Gross Rental Yield Percent | 3.04% | 4.6% |
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...
New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...
Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...
One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...
No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcityâ...