Resorts get ready for tourists with ‘COVID-19 makeovers’
Queenslanders now able to enjoy a well-deserved break again at Sunshine State holiday hotspots can look forward to finding their accommodati...
Subscribe to our newsletter
Property investments in BONNELLS BAY fare well against the rest of the country last year, registering a median home price increase of -0.42%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BONNELLS BAY, 2264 saw average growth in the long term.
Real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 82.9 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $590,000.
BONNELLS BAY ranks 621st on the list of best yielding suburbs for rental properties in NSW, posting a 3.61% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $590,000 | $575,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.22% | N/A |
| Median 12 month | -0.42% | 7.48% |
| Median 3 years | 20.41% | N/A |
| Median 5 years | 51.28% | N/A |
| 10 years average annual | 6.64% | 5.18% |
| Weekly media advert. rent | $410 | $430 |
| Time on Market | 82.9 days | 0.0 days |
| Gross Rental Yield Percent | 3.61% | 3.89% |
Queenslanders now able to enjoy a well-deserved break again at Sunshine State holiday hotspots can look forward to finding their accommodati...
Home owners are advised to tread carefully when signing up for loan repayment deferrals. ...
More federal government stimulus packages and the prospect of negative interest rates could be pivotal in helping the Australian economy reb...
Older Australians who are looking to downsize are tipped to be the big winners from Scott Morrison’s latest stimulus package, according to...
As the world continues to face the effects of the COVID-19 pandemic, how will the Sydney property market move to recover over the long-term?...
There are plenty of properties out there, but not all properties are investment-grade properties, writes Lloyd Edge. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
