Victoria emerges as Australia’s happiest state – real estate report
The latest national report on seller happiness found the areas exhibiting the highest rate of seller happiness across Australia, ultimately ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $445,000.
The upward trend in home prices in DIAMOND BEACH, 2430 averaged 0.96% per annum over a 3-year period.
Average weekly rents on listings have reached the $375 mark, reflecting a 4.38% increase in returns based on the current median price in DIAMOND BEACH.
An average of 1.83 real estate transactions take place per month in DIAMOND BEACH which translates to 22 per annum.
22 properties were sold in DIAMOND BEACH in 2016, making it the 824th most active market in NSW based on total real estate transactions.
DIAMOND BEACH, 2430 places 915th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $445,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.93% | N/A |
| Median 12 month | -21.59% | N/A |
| Median 3 years | 2.89% | N/A |
| Median 5 years | 21.92% | N/A |
| 10 years average annual | 5.69% | N/A |
| Weekly media advert. rent | $375 | N/A |
| Time on Market | 122.0 days | N/A |
| Gross Rental Yield Percent | 4.38% | N/A |
The latest national report on seller happiness found the areas exhibiting the highest rate of seller happiness across Australia, ultimately ...
The 2020 calendar year is shaping up to be a big one for investors looking to capitalise on Australia’s middle markets office space. ...
A director at HLB Mann Judd has shed light on how investors can utilise a self-managed super fund to meet their property goals. ...
With the east coast of Australia becoming increasingly unaffordable and wage growth continuing to stall, east coast growth is tipped to slow...
The low rate environment means investors are moving towards financial product assets and away from property to earn returns in 2020, accordi...
New figures have shown just how much of a squeeze low housing construction numbers had on the national economy last year. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
