BLOG: Make sure your property manager isn’t taking you for a ride
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
Property investors enjoyed capital gains of 4.3% over the last 12 months in COFFS HARBOUR, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.31% growth over a ten-year period. It ranks 2241st on our list of suburbs that property investors should look into.
COFFS HARBOUR, 2450 has a capital gain of 4.3% for the past year, which is lower than average compared to its 31.08% growth within a five-year period.
With the median home price in COFFS HARBOUR sitting at $485,000, and the average rent at $430, property owners could potentially earn a 4.61% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in COFFS HARBOUR are low, as opposed to average gains per annum over the past five years.
COFFS HARBOUR, 2450 in NSW belongs to the local government area of Coffs Harbour.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $485,000 | $345,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.04% | -1.43% |
| Median 12 month | 4.3% | 1.62% |
| Median 3 years | 19.75% | 32.69% |
| Median 5 years | 31.08% | 27.19% |
| 10 years average annual | 3.31% | 3.87% |
| Weekly media advert. rent | $430 | $340 |
| Time on Market | 86.8 days | 72.6 days |
| Gross Rental Yield Percent | 4.61% | 5.12% |
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...
Laws and regulations are making it easier for tenants to keep pets in your investment property. Here are five ways you can pet-proof and pro...
Despite the softening of major property markets, particularly Sydney and Melbourne, experts believe that investment opportunities remain for...
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...