Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
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 6.22% growth over a ten-year period. It ranks 874th 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 -1.14% for the past year, which is lower than average compared to its 43.98% growth within a five-year period.
With the median home price in BROADMEADOW sitting at $650,000, and the average rent at $420, property owners could potentially earn a 3.36% 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 | $650,000 | $587,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 2.17% |
| Median 12 month | -1.14% | N/A |
| Median 3 years | 0% | N/A |
| Median 5 years | 43.98% | 30.56% |
| 10 years average annual | 6.22% | 15.68% |
| Weekly media advert. rent | $420 | $420 |
| Time on Market | 66.8 days | 82.1 days |
| Gross Rental Yield Percent | 3.36% | 3.72% |
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...
Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...
2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Get notifications in real-time for staying up to date with content that matters to you.
