Capital city clearance rates highest since 2017
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
Property investors have seen a 2.77% gain in CAVES BEACH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CAVES BEACH, 2281 saw average growth in the long term.
The NSW suburb 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 $842,750
Profits averaged 11.98% per annum over a 3-year period, due to an upward trend in home prices in CAVES BEACH, 2281.
This means, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.
The gross rental yield in CAVES BEACH, 2281 is 2.99%.
An average of 7.58 real estate transactions take place per month in CAVES BEACH which translates to 91 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $842,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.77% | N/A |
| Median 12 month | 6.68% | N/A |
| Median 3 years | 35.93% | N/A |
| Median 5 years | 43.08% | N/A |
| 10 years average annual | 8.09% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 64.6 days | N/A |
| Gross Rental Yield Percent | 2.99% | N/A |
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
The major bank has pledged $2 billion in funding and services to assist not-for-profit affordable and specialist housing providers, includin...
A local property development group is set to take on Melbourne’s build-to-rent sector after observing what it has described as a lack of n...
A decline in property prices in some capital cities has reduced the time needed to save for a deposit, particularly in Sydney. ...
As other property markets experience declines, Brisbane has stood out for its resilience, ultimately gaining the title of “most attractive...
There are 10 suburbs across Australia where investors will be grinning with the thought their property value could increase drastically duri...
Get notifications in real-time for staying up to date with content that matters to you.