Popular borrowing strategy in government’s sights
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
Property investments in COOKS HILL did not fare well against the rest of the country last year, registering a median home price decrease of 1.15%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains COOKS HILL, 2300 saw average growth in the long term.
Real estate investors could earn a rental income of $540 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 56.6 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 $1,097,500.
COOKS HILL ranks 1007th on the list of best yielding suburbs for rental properties in NSW, posting a 2.56% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,097,500 | $583,500 |
| GROWTH REPORT | ||
| Median Quarterly | 6.45% | -8.83% |
| Median 12 month | 1.15% | -9.88% |
| Median 3 years | 70.68% | 18.83% |
| Median 5 years | 77.02% | 50.78% |
| 10 years average annual | 9.55% | 5.88% |
| Weekly media advert. rent | $540 | $440 |
| Time on Market | 56.6 days | 49.6 days |
| Gross Rental Yield Percent | 2.56% | 3.92% |
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...
New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...
Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...
One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...
No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcityâ...