Home owners push ahead with renovation work
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
Property investors have seen a -3.63% drop in CARRINGTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CARRINGTON, 2294 saw average growth in the long term.
The NSW 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 $563,750
Profits averaged 1.95% per annum over a 3-year period, due to an upward trend in home prices in CARRINGTON, 2294.
This means, real estate investors could earn a rental income of $455 based on current median home prices for the suburb.
The gross rental yield in CARRINGTON, 2294 is 4.2%.
An average of 2.33 real estate transactions take place per month in CARRINGTON which translates to 28 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $563,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.63% | N/A |
| Median 12 month | -13.27% | N/A |
| Median 3 years | 5.84% | N/A |
| Median 5 years | 27.4% | N/A |
| 10 years average annual | 6.95% | N/A |
| Weekly media advert. rent | $455 | N/A |
| Time on Market | 90.9 days | N/A |
| Gross Rental Yield Percent | 4.2% | N/A |
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
COVID-19 has changed the way Australians live, work and play, and the effects are set to stick with us for years to come. ...
As the world adapts to a “new normal” following the COVID-19 outbreak, find out how the Melbourne property market will fare in the comin...
In a positive sign for property markets, Australians are looking to cut their spending rather than sell investment properties to manage the ...
Melbourne’s property market is currently experiencing the largest decline out of Australia’s capitals with fears new lockdown laws could...
In good news for Perth investors, experts are predicting a “major blowout” for rent prices in the capital city once the ban on rental in...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
