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...
Property investors have seen a -0.68% drop in MAYFIELD EAST based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MAYFIELD EAST, 2304 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 $627,500
Profits averaged 17.07% per annum over a 3-year period, due to an upward trend in home prices in MAYFIELD EAST, 2304.
This means, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.
The gross rental yield in MAYFIELD EAST, 2304 is 3.52%.
An average of 4.25 real estate transactions take place per month in MAYFIELD EAST which translates to 51 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $627,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.68% | N/A |
| Median 12 month | 5.19% | N/A |
| Median 3 years | 51.2% | N/A |
| Median 5 years | 68.86% | N/A |
| 10 years average annual | 8.01% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 38.3 days | N/A |
| Gross Rental Yield Percent | 3.52% | 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.