8 tips when researching your next dream purchase
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
SOUTH KEMPSEY, 2440 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 $280,000.
Profits due to an upward trend in home prices in the suburb averaged 23.66% per annum over a 3-year period.
SOUTH KEMPSEY now ranks at the 73rd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH KEMPSEY are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $300 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SOUTH KEMPSEY, homes and units usually stay on listing for an average of 92.0 days.
In 2016, 31 properties were sold in SOUTH KEMPSEY during the past year, making it the 645th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $280,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.07% | N/A |
| Median 12 month | 18.14% | N/A |
| Median 3 years | 70.99% | N/A |
| Median 5 years | 82.41% | N/A |
| 10 years average annual | 7.3% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 92.0 days | N/A |
| Gross Rental Yield Percent | 5.57% | N/A |
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
An already tough regional Victorian housing market is likely to be hugely impacted by the state’s bushfire crisis, a real estate body has ...
While the Perth property market continued its downward trend towards the bottom of the market, experts believe that the Western Australian c...
New data has suggested positive signs for investor lending going forward. ...
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the g...
The number of new home building starts has decreased to its lowest point since early 2013, according to ABS research. ...
Get notifications in real-time for staying up to date with content that matters to you.