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. ...
A steady increase in median property prices over a five-year period in the suburb translates to a 7.09% capital gain.
Property investors in DORRIGO enjoyed capital gains of 9.68% 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 $340,000.
Profits due to an upward trend in home prices there averaged 2.36% per annum over a 3-year period.
Home owners selling their properties and realtors in DORRIGO usually have to wait an average of 97.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in DORRIGO.
DORRIGO, 2453 places 74th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.03% | N/A |
| Median 12 month | 9.68% | N/A |
| Median 3 years | 7.09% | N/A |
| Median 5 years | 37.37% | N/A |
| 10 years average annual | 4.36% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 97.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Scott Morrison and the Liberal Party have held government, meaning major cuts to negative gearing and capital gains tax are off the table. ...
Find out why this property investor, equipped with data, believes that Labor’s negative gearing policy could cripple Australia’s economy...
With popular investment markets looking to decline further, there are two often slept-on states that investors may want to consider looking ...
As an investor or home owner, it’s only natural that when it comes time to sell, you are going to strive to achieve the highest sale price...
Find out how this investor plans to construct a seven-story apartment complex on a plot of land just a stone’s throw away from the upcomin...
With a bulk of interest-only loans set to run out, a Perth-based mortgage broker has offered his advice on how borrowers can get ready for t...
Get notifications in real-time for staying up to date with content that matters to you.