Capital cities to see busiest auction week since April
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
The 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 $1,360,000.
Home owners selling their properties and realtors in RAMSGATE usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $587.5 mark, reflecting a 2.25% increase in returns based on the current median price in RAMSGATE.
RAMSGATE, 2217 places 1130th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,360,000 | $680,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.83% | 0% |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | -10.29% |
| Median 5 years | N/A | 7.09% |
| 10 years average annual | 15.91% | 7.96% |
| Weekly media advert. rent | $587.5 | $520 |
| Time on Market | 0.0 days | 151.3 days |
| Gross Rental Yield Percent | 2.25% | 3.98% |
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