It 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 $362,000
The augmented property values in the suburb are trailing behind the territorial average of 6.63% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $360.
Home owners selling their properties and realtors in SINGLETON HEIGHTS usually have to wait an average of 93.4 days days before their assets are lifted off the market.
The NSW suburb ranks 131st on the list of best yielding suburbs for rental properties in NSW, posting a 5.17% return.
It also places places 419th in Australia based on median property value growth during the quarter.
With the median home price in SINGLETON HEIGHTS sitting at $233,500, and the average rent at $250, property owners could potentially earn a 5.57% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SINGLETON HEIGHTS are high, as opposed to average gains per annum over the past five years.
SINGLETON HEIGHTS, 2330 in NSW belongs to the local government area of Singleton.
Comparing the size of Geelong and...
Interesting stuff. Thank you. What about...
OMG this has got disaster written all...
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