Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
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 41.98% for the past year.
Investors saw the median home price rise to $1,500,000.
Profits due to an upward trend in home prices in the suburb averaged 19.91% per annum over a 3-year period.
KILLCARE now ranks at the 16th 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 high, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $850 based on current median home prices.
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 94.0 days.
In 2016, 15 properties were sold in KILLCARE during the past year, making it the 915th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 18.81% | N/A |
| Median 12 month | 41.98% | N/A |
| Median 3 years | 59.74% | N/A |
| Median 5 years | 87.73% | N/A |
| 10 years average annual | 8.36% | N/A |
| Weekly media advert. rent | $850 | N/A |
| Time on Market | 94.0 days | N/A |
| Gross Rental Yield Percent | 2.95% | N/A |
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Renovations can be a way of adding to the value of a property, and so a quantity surveyor has identified five renovation options that can po...
Money worries are higher for women, middle-income earners, and certain Australian capital cities, according to a new report from a non-major...
The capital city market set to continue its recovery this year has seen further progress with its vacancy rate falling to its lowest point f...
The number of loans for housing continues to decline for both investors and owner-occupiers alike, analysis of ABS data shows. ...
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...