Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Based on its average 5-year and quarterly capital gains BROADMEADOW, 2292 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BROADMEADOW, 2292 obtained a 6.27% growth over a ten-year period. It ranks 1288th on our list of suburbs that property investors should look into.
BROADMEADOW, 2292 in NSW belongs to the local government area of Newcastle (C).
BROADMEADOW, 2292 has a capital gain of -7.55% for the past year, which is lower than average compared to its 42.44% growth within a five-year period.
With the median home price in BROADMEADOW sitting at $612,500, and the average rent at $425, property owners could potentially earn a 3.61% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BROADMEADOW are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $612,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.61% | N/A |
| Median 12 month | -7.55% | N/A |
| Median 3 years | 24.49% | N/A |
| Median 5 years | 42.44% | N/A |
| 10 years average annual | 6.27% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 51.2 days | N/A |
| Gross Rental Yield Percent | 3.61% | N/A |
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
One of Australia's major banks is being sued for breaches of the law in relation to its loan referral program. ...
Yet another lender has reduced variable and fixed rates across its owner-occupied and investment home loan products. ...
One national network of tax advisers is warning that property investors have been caught out by random audits for avoidable mistakes in thei...
Key Westpac subsidiaries have dropped their fixed rates by up to 140 basis points. ...
The corporate regulator has banned a director from providing financial services or engaging in credit activities for eight years, after find...
Get notifications in real-time for staying up to date with content that matters to you.