‘Devil’s in the details’: Senators scrutinise FHB scheme
A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of...
Property investors have seen a 0% gain in POINT CLARE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains POINT CLARE, 2250 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 $712,500
Profits averaged 9.15% per annum over a 3-year period, due to an upward trend in home prices in POINT CLARE, 2250.
This means, real estate investors could earn a rental income of $470 based on current median home prices for the suburb.
The gross rental yield in POINT CLARE, 2250 is 3.43%.
An average of 5.83 real estate transactions take place per month in POINT CLARE which translates to 70 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $712,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -1.25% | N/A |
| Median 3 years | 27.46% | N/A |
| Median 5 years | 61.93% | N/A |
| 10 years average annual | 7.31% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 63.2 days | N/A |
| Gross Rental Yield Percent | 3.43% | N/A |
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