Borrowers feel the pinch of 'really strict' lending rules
Former Queensland state premier, Anna Bligh, has hit out at the strict serviceability rules lenders have imposed on borrowers, arguing they ...
Figures from the previous quarter show that capital gains for real estate buyers in SWANSEA HEADS are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.
On average, rents on listings have reached the $485 mark, reflecting a 3.04% increase in returns based on the current median price in SWANSEA HEADS.
SWANSEA HEADS, 2281 ranks 1222nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 911th on the list of best yielding suburbs for rental properties in NSW, posting a 3.04% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $830,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -9.29% | N/A |
| Median 3 years | 12.16% | N/A |
| Median 5 years | 27.69% | N/A |
| 10 years average annual | 1.79% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.04% | N/A |
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