$170m development to benefit Melbourne’s eastern suburbs
MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.34% growth over a ten-year period. It ranks 877th on our list of suburbs that property investors should look into.
ELLALONG, 2325 has a capital gain of -10.73% for the past year, which is lower than average compared to its 32.61% growth within a five-year period.
With the median home price in ELLALONG sitting at $461,500, and the average rent at $395, property owners could potentially earn a 4.45% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ELLALONG are low, as opposed to average gains per annum over the past five years.
ELLALONG, 2325 in NSW belongs to the local government area of Cessnock (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $461,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.33% | N/A |
| Median 12 month | -10.73% | N/A |
| Median 3 years | 1.43% | N/A |
| Median 5 years | 32.61% | N/A |
| 10 years average annual | 6.34% | N/A |
| Weekly media advert. rent | $395 | N/A |
| Time on Market | 114.7 days | N/A |
| Gross Rental Yield Percent | 4.45% | N/A |
MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...
Australia’s capital cities have had mixed results from the fallout of COVID-19, with some benefiting while others suffer, according to new...
Throughout the COVID-19 crisis, Sydney property values have fallen by 0.8 per cent, while national capital has fallen by an average of 0.7 p...
Smart Property Investment’s sister brand, MyBusiness, is bringing together an impressive line-up of decision makers, dignitaries, business...
New figures have shown a spike in buyer confidence, with more looking for a home loan in June than the month prior. ...
The term “off-market” gets thrown around more and more these days. For the record, Propertyology has never been totally comfortable with...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
