Queensland pet reform proposals cop criticism
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
Property investors enjoyed capital gains of 5.04% over the last 12 months in KORORA, 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 4.23% growth over a ten-year period. It ranks 1827th on our list of suburbs that property investors should look into.
KORORA, 2450 has a capital gain of 5.04% for the past year, which is higher than average compared to its 23.76% growth within a five-year period.
With the median home price in KORORA sitting at $625,000, and the average rent at $495, property owners could potentially earn a 4.12% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KORORA are low, as opposed to average gains per annum over the past five years.
KORORA, 2450 in NSW belongs to the local government area of Coffs Harbour.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $625,000 | $459,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.31% | 2.17% |
| Median 12 month | 5.04% | 25.89% |
| Median 3 years | 32.7% | 34.16% |
| Median 5 years | 23.76% | 47.28% |
| 10 years average annual | 4.23% | 4.72% |
| Weekly media advert. rent | $495 | $370 |
| Time on Market | 111.4 days | 124.0 days |
| Gross Rental Yield Percent | 4.12% | 4.19% |
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but thereâ...
More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...
While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...
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...