Wage subsidy to ‘relieve financial pressure’ for tenants and landlords
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
Based on its average 5-year and quarterly capital gains PENSHURST, 2222 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 PENSHURST, 2222 obtained a 6.68% growth over a ten-year period. It ranks 768th on our list of suburbs that property investors should look into.
PENSHURST, 2222 in NSW belongs to the local government area of Georges River (A).
PENSHURST, 2222 has a capital gain of -9.6% for the past year, which is lower than average compared to its 13.93% growth within a five-year period.
With the median home price in PENSHURST sitting at $1,116,500, and the average rent at $612.5, property owners could potentially earn a 2.85% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PENSHURST are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,116,500 | $602,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.31% | -2.67% |
| Median 12 month | -9.6% | -3.98% |
| Median 3 years | -6.96% | 4.33% |
| Median 5 years | 13.93% | 16.54% |
| 10 years average annual | 6.68% | 6.41% |
| Weekly media advert. rent | $612.5 | $440 |
| Time on Market | 77.2 days | 55.7 days |
| Gross Rental Yield Percent | 2.85% | 3.8% |
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
The great Australian dream of home ownership lives on with Australia’s youth, although many believe it is too expensive to buy and that fu...
In the world of REITs, COVID-19 is a human and economic crisis but not another GFC, according to an investment group. ...
The government has introduced new regulations that will see all foreign investments in Australia screened for approval, regardless of the va...
Many businesses over the next few months will be forced to shut their doors to slow the spread of COVID-19. The important thing for landlord...
The number of owners withdrawing their property from auction soared to 40 per cent last week, following the introduction of a ban on auction...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
