Bargains set to hit the market in wake of royal commission
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
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 6.3% growth over a ten-year period. It ranks 1212th on our list of suburbs that property investors should look into.
BROADMEADOW, 2292 in NSW belongs to the local government area of Newcastle.
BROADMEADOW, 2292 has a capital gain of 11.89% for the past year, which is higher than average compared to its 47.67% growth within a five-year period.
With the median home price in BROADMEADOW sitting at $635,000, and the average rent at $440, property owners could potentially earn a 3.6% 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 | $635,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.78% | N/A |
| Median 12 month | 11.89% | N/A |
| Median 3 years | 44.32% | N/A |
| Median 5 years | 47.67% | N/A |
| 10 years average annual | 6.3% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 39.8 days | N/A |
| Gross Rental Yield Percent | 3.6% | N/A |
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
An organisation representing 189 countries has analysed the Australian market, finding that softening prices are a necessary and welcome m...
When you’ve been in the real estate investment game for a while, you’ll hear the same pieces of simplified advice come up time and again...
After purchasing properties under the National Rental Affordability Scheme (NRAS), investor Redom Syed decided to start delving into long-te...
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to on...