Queensland pet reform proposals cop criticism
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
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 |
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but thereâ...
More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...
While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...