Negative gearing changes off the table as Morrison holds government
Scott Morrison and the Liberal Party have held government, meaning major cuts to negative gearing and capital gains tax are off the table. ...
The suburb’s capital gain of -20.83% for the past year is lower than average compared to its 1.08% growth within a five-year period.
Also in NORTH BOAMBEE VALLEY, the median home price is sitting at $467,500, and the average rent at $472.5, this suggests property owners could potentially earn a 5.26% increase in gross rental yield.
Property investors have seen a -14.85% drop in NORTH BOAMBEE VALLEY based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.11% growth over a ten-year period. It ranks 2407th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-20.83%||N/A|
|Median 3 years||-7.43%||N/A|
|Median 5 years||1.08%||N/A|
|10 years average annual||3.11%||N/A|
|Weekly media advert. rent||$472.5||N/A|
|Time on Market||95.7 days||N/A|
|Gross Rental Yield Percent||5.26%||N/A|
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