4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
BLUEYS BEACH, 2428 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 $677,500.
Profits due to an upward trend in home prices in the suburb averaged 3.27% per annum over a 3-year period.
BLUEYS BEACH now ranks at the 1202nd place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BLUEYS BEACH, homes and units usually stay on listing for an average of 125.7 days.
In 2016, 20 properties were sold in BLUEYS BEACH during the past year, making it the 922nd most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $677,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.9% | N/A |
| Median 12 month | -26.46% | N/A |
| Median 3 years | 9.81% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -15.58% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 125.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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One word: commercial. ...
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