Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Property investors enjoyed capital gains of 18.09% over the last 12 months in URUNGA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in URUNGA are low, as opposed to average gains per annum over the past five years.
The suburb posted a 32.14% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 3.56% increase in returns based on the current median price in URUNGA.
URUNGA, 2455 ranks 118th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 595th on the list of best yielding suburbs for rental properties in NSW, posting a 3.56% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | $312,500 |
| GROWTH REPORT | ||
| Median Quarterly | 8.82% | 2.46% |
| Median 12 month | 18.09% | 7.76% |
| Median 3 years | 32.14% | 21.6% |
| Median 5 years | 57.22% | 35.87% |
| 10 years average annual | 5.8% | 6.77% |
| Weekly media advert. rent | $380 | $282.5 |
| Time on Market | 98.3 days | 0.0 days |
| Gross Rental Yield Percent | 3.56% | 4.7% |
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Research from one of Australia’s largest housing building associations has modelled the impact of capital gains tax (CGT) and negative ge...
Investors have no doubt found it difficult to navigate the lending landscape at the moment, so one broker shares a tip on how investors can ...
Despite the softening of the Sydney property market, experts believe that the capital city continues to hold wealth-creation opportunities f...
A new report has found that despite Melbourne’s history of being known as the world’s most liveable city for numerous years, Australia...
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...