Property buyers warned on hasty decisions with HomeBuilder grant
Property buyers looking to cash in on the HomeBuilder grant should proceed with caution, with uncertainty around building costs and job secu...
Property investments in ABERGLASSLYN fare well against the rest of the country last year, registering a median home price increase of 2.84%.
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 ABERGLASSLYN, 2320 saw average growth in the long term.
Real estate investors could earn a rental income of $430 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 75.4 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $488,500.
ABERGLASSLYN ranks 262nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.58% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $488,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.1% | N/A |
| Median 12 month | 2.84% | N/A |
| Median 3 years | 8.69% | N/A |
| Median 5 years | 14.54% | N/A |
| 10 years average annual | 1.79% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 75.4 days | N/A |
| Gross Rental Yield Percent | 4.58% | N/A |
Property buyers looking to cash in on the HomeBuilder grant should proceed with caution, with uncertainty around building costs and job secu...
Home owners have been advised to be cautious of faulty work on their properties as an electrician was fined $27,000 for a wiring error in W...
Real estate agents’ review website RateMyAgent has launched its new Agent Recognition feature designed to help agents build trust, c...
Clarity has been received for people looking to move house in Victoria as the number of cases continues to climb. ...
Preliminary data is suggesting that the HomeBuilder scheme is doing what it was intended to do – secure jobs and inject confidence back in...
Preliminary auction clearance rates being tracked by CoreLogic show varied results across each capital city for the week concluding 12 July...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
