Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Property investors have seen a 1.36% gain in ABERMAIN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ABERMAIN, 2326 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 14.62%.
Based on its average 5-year and quarterly capital gains ABERMAIN, 2326 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 $372,500
Profits averaged 8.94% per annum over a 3-year period, due to an upward trend in home prices in ABERMAIN, 2326.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in ABERMAIN, 2326 is 4.89%.
An average of 3.58 real estate transactions take place per month in ABERMAIN which translates to 43 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $372,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.36% | N/A |
| Median 12 month | 14.62% | N/A |
| Median 3 years | 26.81% | N/A |
| Median 5 years | 40.57% | N/A |
| 10 years average annual | 6.72% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 49.8 days | N/A |
| Gross Rental Yield Percent | 4.89% | N/A |
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