How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
A steady increase in median property prices over a five-year period in the suburb translates to a 31.76% capital gain.
Property investors in BOWRAVILLE enjoyed capital gains of 7.69% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $280,000.
Profits due to an upward trend in home prices there averaged 10.59% per annum over a 3-year period.
Home owners selling their properties and realtors in BOWRAVILLE usually have to wait an average of 81.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $340 mark, reflecting a 6.31% increase in returns based on the current median price in BOWRAVILLE.
BOWRAVILLE, 2449 places 95th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $280,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.69% | N/A |
| Median 12 month | 7.69% | N/A |
| Median 3 years | 31.76% | N/A |
| Median 5 years | 43.59% | N/A |
| 10 years average annual | 5.87% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 81.3 days | N/A |
| Gross Rental Yield Percent | 6.31% | N/A |
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
A new report has been released by the prudential regulator that analyses how major banks view their own actions, and there’s certainly roo...
New data has been released that reveals how consumer sentiment has trended following the first three months of the year, which contained man...
Investor Arjun Paliwal considers the only commercial property in his nine-property portfolio as his second-most successful investment in ove...
Housing affordability has seen a rapid improvement over the March quarter, with one association labelling it the fastest improvement since 2...
After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...
Get notifications in real-time for staying up to date with content that matters to you.