Property investors enjoyed capital gains of 9.7% over the last 12 months in SHORTLAND, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in SHORTLAND are low, as opposed to average gains per annum over the past five years.
The suburb posted a 24.85% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 4.46% increase in returns based on the current median price in SHORTLAND.
SHORTLAND, 2307 ranks 494th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 239th on the list of best yielding suburbs for rental properties in NSW, posting a 4.46% return.
Property investors have seen a 2.95% gain in SHORTLAND based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SHORTLAND, 2307 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.03%.
Based on its average 5-year and quarterly capital gains SHORTLAND, 2307 saw average growth in the long term.
SHORTLAND, 2307 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 $439,000.
Profits due to an upward trend in home prices in SHORTLAND, 2307 averaged 3.34% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in SHORTLAND, 2307 is 5.09%.
An average of 1.42 real estate transactions take place per month in SHORTLAND which translates to 17 per annum.
If the capital assets are not permitted...
Yet again a state (nee liberal)...
What is short term letting - less than a...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal