‘Zero spread’ opens up property-buying opportunities
Property investment is set to gather pace as first home buyers and investors alike are tempted into a “zero spread” environment, thanks ...
A steady increase in median property prices over a five-year period in the suburb translates to a 31.51% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $960,000
The augmented property values in the suburb are trailing behind the territorial average of -4.09% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $450.
Home owners selling their properties and realtors in BLUE BAY usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The NSW suburb ranks 1128th on the list of best yielding suburbs for rental properties in NSW, posting a 2.44% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $960,000 | $530,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0.95% |
| Median 12 month | -13.12% | -10.17% |
| Median 3 years | 31.51% | 12.77% |
| Median 5 years | 51.18% | 26.95% |
| 10 years average annual | 11.2% | 5.92% |
| Weekly media advert. rent | $450 | $364 |
| Time on Market | 0.0 days | 76.1 days |
| Gross Rental Yield Percent | 2.44% | 3.57% |
Property investment is set to gather pace as first home buyers and investors alike are tempted into a “zero spread” environment, thanks ...
Investors and property managers should be vigilant about ensuring backyard swimming pools are secure, after new research revealed the danger...
If you’re looking to invest in Brisbane, there are five suburbs set to guarantee a good return, according to local economist. ...
Ever been in a debate with a tenant? Here’s how your agent can help. ...
First home buyers will find it easier to jump on the property ladder with the passage of new legislation through Parliament last week. ...
New data released from Domain has revealed that the cost of renting in Sydney is much lower than it was five years ago, improving renters’...
Get notifications in real-time for staying up to date with content that matters to you.