Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
The suburb’s capital gain of 2.97% for the past year is lower than average compared to its 27.37% growth within a five-year period.
Also in YAMBA, the median home price is sitting at $520,000, and the average rent at $550, this suggests property owners could potentially earn a 5.5% increase in gross rental yield.
Property investors have seen a -3.7% drop in YAMBA 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 3.93% growth over a ten-year period. It ranks 2058th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $520,000 | $405,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.7% | -12.9% |
| Median 12 month | 2.97% | -3.57% |
| Median 3 years | 26.83% | 33.88% |
| Median 5 years | 27.37% | 28.98% |
| 10 years average annual | 3.93% | 3.02% |
| Weekly media advert. rent | $550 | $450 |
| Time on Market | 78.3 days | 83.5 days |
| Gross Rental Yield Percent | 5.5% | 5.78% |
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
One major bank has found a spike in confidence of a fresh group of property buyers in Australia. ...
One of the nation’s biggest lenders has adjusted its loan serviceability conditions in response to guidance from the banking regulator. ...
It seems that not a day goes by without a story in the media about apartment blocks in Sydney. Whether it be cracks, poor waterproofing or t...
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
One of the big four banks has updated its forecasts for the housing market and when it expects the downward cycle will hit its floor. ...
Get notifications in real-time for staying up to date with content that matters to you.