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 ...
The 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 $245,000.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BOOMERANG BEACH.
An average of 1.42 real estate transactions take place per month in BOOMERANG BEACH which translates to 17 per annum.
17 properties were sold in BOOMERANG BEACH in 2016, making it the 1034th most active market in NSW based on total real estate transactions.
BOOMERANG BEACH, 2428 places 1282nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $245,000 | $487,500 |
| GROWTH REPORT | ||
| Median Quarterly | -10.58% | -0.51% |
| Median 12 month | N/A | 16.07% |
| Median 3 years | N/A | 83.27% |
| Median 5 years | N/A | 21.88% |
| 10 years average annual | N/A | 6.79% |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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