Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Property investors in RAMSGATE enjoyed capital gains of 0.37% over the last 12 months translating to lower returns compared with its peers in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in RAMSGATE are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $510 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $510 mark, reflecting a 3.89% increase in returns based on the current median price in RAMSGATE.
RAMSGATE, 2217 ranks 158th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
RAMSGATE ranks 262nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.89% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $682,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -1.09% |
| Median 12 month | N/A | 0.37% |
| Median 3 years | N/A | -10.96% |
| Median 5 years | N/A | 0.37% |
| 10 years average annual | N/A | 3.9% |
| Weekly media advert. rent | N/A | $510 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 3.89% |
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Experts are confident that the concept of the office will survive the COVID-19 pandemic, but are predicting work arrangements could take on ...
Australian first home buyers dominated the market in 2020, increasing their market share by 50.4 per cent in the past year. ...
The rate of workers returning to the office has decelerated nationwide, suggesting there is a long way to go to before Australia’s commerc...
The Victorian and NSW governments have announced new standards for apartment buildings, as both look to create greener buildings for resid...
Australia’s GDP has grown by 3.1 per cent during the December quarter, beating market expectations of a 2.5 per cent increase, official fi...
Get notifications in real-time for staying up to date with content that matters to you.
