Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Property investors enjoyed capital gains of 10.23% over the last 12 months in SAN REMO, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in SAN REMO are low, as opposed to average gains per annum over the past five years.
The suburb posted a 41.49% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 4.17% increase in returns based on the current median price in SAN REMO.
SAN REMO, 2262 ranks 369th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 310th on the list of best yielding suburbs for rental properties in NSW, posting a 4.17% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $474,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 10.23% | N/A |
| Median 3 years | 41.49% | N/A |
| Median 5 years | 83.99% | N/A |
| 10 years average annual | 7.4% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 63.3 days | N/A |
| Gross Rental Yield Percent | 4.17% | N/A |
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Australia is currently facing a buyer’s market, but what if you’re looking to sell? A real estate agency head and investor shares his in...
The results of a new survey show where property investors believe are the best capital cities to invest into – and they’re not Sydney or...
There are always opportunities in Australian property markets, and these experts discuss where to look and how to find opportunities in 2019...
With lesser properties and subdued investment activity across softening markets, real estate agents are adamant to get clients to service. H...
The floods in Townsville, Queensland have damaged hundreds of properties, so it’s a good reminder of the importance of insuring your prope...