Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
Subscribe to our newsletter
Based on its average 5-year and quarterly capital gains CHAIN VALLEY BAY, 2259 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 CHAIN VALLEY BAY, 2259 obtained a 7.29% growth over a ten-year period. It ranks 453rd on our list of suburbs that property investors should look into.
CHAIN VALLEY BAY, 2259 in NSW belongs to the local government area of Central Coast (C) (NSW).
CHAIN VALLEY BAY, 2259 has a capital gain of 13.98% for the past year, which is higher than average compared to its 55.88% growth within a five-year period.
With the median home price in CHAIN VALLEY BAY sitting at $530,000, and the average rent at $397.5, property owners could potentially earn a 3.9% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CHAIN VALLEY BAY are high, as opposed to average gains per annum over the past five years.
A 13.98% increase in median property prices in CHAIN VALLEY BAY, 2259 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 94th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 17.78% | N/A |
| Median 12 month | 13.98% | N/A |
| Median 3 years | 13.73% | N/A |
| Median 5 years | 55.88% | N/A |
| 10 years average annual | 7.29% | N/A |
| Weekly media advert. rent | $397.5 | N/A |
| Time on Market | 118.6 days | N/A |
| Gross Rental Yield Percent | 3.9% | N/A |
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
After several weeks of lockdown measures and the beginning of a gradual easing into a “new normal”, how will Sydney – one of Australia...
The week concluding 24 May has seen the highest preliminary auction clearance for the combined capital cities since early March. ...
A Perth tradesman has been fined after pleading guilty to carrying out work on a building project without adequate registration. ...
A radical plan to kickstart economic recovery post-COVID-19 could see Australians handed $50,000 for buying a new home. ...
In the race to reach the post-COVID recovery stage as quickly as possible, the necessity is to bring confidence back, writes Mathew Tiller. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
