The $8 billion tax cash splash and what it means for property values
Australians are cashing in on the federal government's tax cuts and handouts. Here's what it means for local markets. ...
Property investors have seen a 0% gain in BALCOLYN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BALCOLYN, 2264 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 17.58%.
Based on its average 5-year and quarterly capital gains BALCOLYN, 2264 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $582,000
Profits averaged 13.98% per annum over a 3-year period, due to an upward trend in home prices in BALCOLYN, 2264.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in BALCOLYN, 2264 is 3.57%.
An average of 1.92 real estate transactions take place per month in BALCOLYN which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $582,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 17.58% | N/A |
| Median 3 years | 41.95% | N/A |
| Median 5 years | 68.7% | N/A |
| 10 years average annual | 7.38% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 97.5 days | N/A |
| Gross Rental Yield Percent | 3.57% | N/A |
Australians are cashing in on the federal government's tax cuts and handouts. Here's what it means for local markets. ...
In response to the cash rate cut and adjustments from the banking regulator, there has been a spate of changes to the cost and serviceabilit...
NAB has undercut some of its competitors with changes to its mortgage serviceability terms, making it easier for buyers to secure finance fr...
Following four apartment buildings in Sydney becoming ghost towns, the Strata Community Association (NSW) has called for mass reforms to hel...
Most people like to think important financial decisions rely on a logical interpretation of facts and figures. But I believe one of the bigg...
Strong gains of up to 14 per cent in the rural property sector are set to slow as drought-affected lands bring the heat out of the market, a...
Get notifications in real-time for staying up to date with content that matters to you.