How long do market cycles last?
While most properties will double in a decade, most of the gains will happen in two to four years with six to eight years of stagnation in b...
Subscribe to our newsletter
A steady increase in median property prices over a five-year period in the suburb translates to a 16.09% capital gain.
The 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 $505,000.
Profits due to an upward trend in home prices there averaged 5.36% per annum over a 3-year period.
Home owners selling their properties and realtors in CARDIFF SOUTH usually have to wait an average of 37.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $420 mark, reflecting a 4.32% increase in returns based on the current median price in CARDIFF SOUTH.
CARDIFF SOUTH, 2285 places 943rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.98% | N/A |
| Median 12 month | -8.18% | N/A |
| Median 3 years | 16.09% | N/A |
| Median 5 years | 29.49% | N/A |
| 10 years average annual | 5.25% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 37.4 days | N/A |
| Gross Rental Yield Percent | 4.32% | N/A |
While most properties will double in a decade, most of the gains will happen in two to four years with six to eight years of stagnation in b...
Isolation has given many Australians an opportunity to pause and reflect on what they want from their lives and their assets, and it’s alr...
New research from the Real Estate Institute of Australia (REIA) has provided insight into housing affordability in each state and territory...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
A new COVID-19 Code of Conduct compendium aims to offer clarity to SME landlords and tenants experiencing financial hardship. ...
Buyers have been warned that waiting for an impending market drop over the next three months could leave them disappointed. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
