Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Figures from the previous quarter show that capital gains for real estate buyers in TUGGERAH are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $427.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $427.5 mark, reflecting a 4.19% increase in returns based on the current median price in TUGGERAH.
TUGGERAH, 2259 ranks 1307th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 275th on the list of best yielding suburbs for rental properties in NSW, posting a 4.19% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.92% | N/A |
| Median 12 month | -23.47% | N/A |
| Median 3 years | -1.85% | N/A |
| Median 5 years | 21.28% | N/A |
| 10 years average annual | 4.33% | N/A |
| Weekly media advert. rent | $427.5 | N/A |
| Time on Market | 83.7 days | N/A |
| Gross Rental Yield Percent | 4.19% | N/A |
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
With most of the property market finding its footing by the end of 2020, after the COVID-induced disruption, experts have grown optimistic a...
Capital city prices could soar if the backbenchers’ continued push to enable first home buyers to access their super to fund their home de...
Sydney buyers have been flocking to one of NSW’s “best-kept secrets”, the Central Coast’s 2261 postcode region, a real estate brand ...
Homes in Sydney are selling more than $1 million above the reserve, with the preliminary clearance rate hitting new heights, new research ha...
Despite the obvious impact the COVID-19 pandemic has had on CBDs, a researcher has labelled the forecasted death of CBDs an over-exaggeratin...
Get notifications in real-time for staying up to date with content that matters to you.
