5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
KILLCARE, 2257 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling KILLCARE, 2257 values up and netting property investors a capital gain of 35.34% for the past year.
Investors saw the median home price rise to $1,800,000.
Profits due to an upward trend in home prices in the suburb averaged 20% per annum over a 3-year period.
KILLCARE now ranks at the 750th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in KILLCARE are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KILLCARE, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 21 properties were sold in KILLCARE during the past year, making it the 784th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,800,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.41% | N/A |
| Median 12 month | 35.34% | N/A |
| Median 3 years | 60% | N/A |
| Median 5 years | 116.87% | N/A |
| 10 years average annual | 8.94% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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