Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.12% growth over a ten-year period. It ranks 1647th on our list of suburbs that property investors should look into.
GUNNEDAH, 2380 has a capital gain of -1.47% for the past year, which is lower than average compared to its 16.32% growth within a five-year period.
With the median home price in GUNNEDAH sitting at $335,000, and the average rent at $360, property owners could potentially earn a 5.59% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GUNNEDAH are low, as opposed to average gains per annum over the past five years.
GUNNEDAH, 2380 in NSW belongs to the local government area of Gunnedah (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $335,000 | $259,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 3.29% |
| Median 12 month | -1.47% | 8.6% |
| Median 3 years | 7.54% | -2.26% |
| Median 5 years | 16.32% | -7.91% |
| 10 years average annual | 5.12% | 4.03% |
| Weekly media advert. rent | $360 | $240 |
| Time on Market | 114.9 days | 0.0 days |
| Gross Rental Yield Percent | 5.59% | 4.82% |
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
One major bank has found a spike in confidence of a fresh group of property buyers in Australia. ...
One of the nation’s biggest lenders has adjusted its loan serviceability conditions in response to guidance from the banking regulator. ...
It seems that not a day goes by without a story in the media about apartment blocks in Sydney. Whether it be cracks, poor waterproofing or t...
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
One of the big four banks has updated its forecasts for the housing market and when it expects the downward cycle will hit its floor. ...
Get notifications in real-time for staying up to date with content that matters to you.