Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Property investments in THE JUNCTION fare well against the rest of the country last year, registering a median home price increase of 19.3%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains THE JUNCTION, 2291 saw average growth in the long term.
Real estate investors could earn a rental income of $555 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 0.0 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,700,000.
THE JUNCTION ranks 1095th on the list of best yielding suburbs for rental properties in NSW, posting a 1.7% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,700,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 44.68% | N/A |
| Median 12 month | 19.3% | N/A |
| Median 3 years | 36% | N/A |
| Median 5 years | 85.29% | N/A |
| 10 years average annual | 15.26% | N/A |
| Weekly media advert. rent | $555 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.7% | N/A |
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
With most of the property market finding its footing by the end of 2020, after the COVID-induced disruption, experts have grown optimistic a...
Capital city prices could soar if the backbenchers’ continued push to enable first home buyers to access their super to fund their home de...
Sydney buyers have been flocking to one of NSW’s “best-kept secrets”, the Central Coast’s 2261 postcode region, a real estate brand ...
Homes in Sydney are selling more than $1 million above the reserve, with the preliminary clearance rate hitting new heights, new research ha...
Despite the obvious impact the COVID-19 pandemic has had on CBDs, a researcher has labelled the forecasted death of CBDs an over-exaggeratin...
Get notifications in real-time for staying up to date with content that matters to you.
