Financial complaints soar as new body opens doors
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...
RAINBOW FLAT, 2430 ranks 644th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.98% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $672,500.
The upward trend in home prices in RAINBOW FLAT, 2430 averaged 12.41% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in RAINBOW FLAT.
An average of 1.67 real estate transactions take place per month in RAINBOW FLAT which translates to 20 per annum.
20 properties were sold in RAINBOW FLAT in 2016, making it the 920th most active market in NSW based on total real estate transactions.
RAINBOW FLAT, 2430 places 822nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $672,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.1% | N/A |
| Median 12 month | 13.98% | N/A |
| Median 3 years | 37.24% | N/A |
| Median 5 years | 57.31% | N/A |
| 10 years average annual | 7.66% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 107.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...
With the knowledge that more than half of all loans go through a mortgage broker, what should property investors keep in mind? ...
Wondering how the Sydney market will move in 2019? These are the factors to watch, according to a leading real estate CEO. ...
A real estate body in Western Australia is pleased with the results of a nation-wide report for the September quarter that show it to be the...
Fox and Hare’s Jessica Brady and Glen Hare share five questions that can help investors get the greatest value out of professional propert...
Recent comments made at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry by CBA Chief Exe...