Perth recovery takes COVID-19 hit
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
Subscribe to our newsletter
Property investors have seen a 1.88% gain in KOOLEWONG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KOOLEWONG, 2256 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $649,000
Profits averaged -6.46% per annum over a 3-year period, due to an downward trend in home prices in KOOLEWONG, 2256.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 3.61%.
An average of 1.25 real estate transactions take place per month in KOOLEWONG which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $649,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.88% | N/A |
| Median 12 month | -20.37% | N/A |
| Median 3 years | -19.38% | N/A |
| Median 5 years | 24.81% | N/A |
| 10 years average annual | 5.1% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.61% | N/A |
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
The Real Estate Institute of NSW has expressed serious concerns over news that some insurance companies are making things difficult for Aust...
Investors who are concerned they will be priced out of Sydney are being advised to look a little further out, with Sydney’s surrounding su...
The deadline for the mandatory registration of private pools and spas in Victoria has been extended due to the coronavirus pandemic. ...
Why Australians could be given $50,000, how to terminate a tenancy, and the need for a stamp duty plan: Here are some of the biggest stories...
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
