What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
Property investors enjoyed capital gains of 20.93% over the last 12 months in POKOLBIN, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in POKOLBIN are low, as opposed to average gains per annum over the past five years.
The suburb posted a 39.6% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in POKOLBIN.
POKOLBIN, 2320 ranks 34th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1202nd on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,040,000 | $265,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.24% | 0% |
| Median 12 month | 20.93% | -1.49% |
| Median 3 years | 39.6% | 21.98% |
| Median 5 years | 50.72% | 51.43% |
| 10 years average annual | 9.69% | 5.61% |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 132.3 days | 127.4 days |
| Gross Rental Yield Percent | N/A | N/A |
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The latest data from CoreLogic has depicted a strong finish for December when it comes to homes going under the hammer. ...
Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines i...
While the 2019 calendar year was lacklustre for the Perth property market, Momentum Wealth believes that the Western Australia capital is pr...
Hobart has come out on top in new data analysis that also showed that nationwide, almost nine out of 10 property resales over the September ...
Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...
Get notifications in real-time for staying up to date with content that matters to you.