4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Property investments in SOUTH MURWILLUMBAH fare well against the rest of the country last year, registering a median home price increase of 30.38%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains SOUTH MURWILLUMBAH, 2484 saw average growth in the long term.
Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 73.2 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $515,000.
SOUTH MURWILLUMBAH ranks 146th on the list of best yielding suburbs for rental properties in NSW, posting a 4.85% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 13.19% | N/A |
| Median 12 month | 30.38% | N/A |
| Median 3 years | 13.81% | N/A |
| Median 5 years | 47.99% | N/A |
| 10 years average annual | 5.41% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 73.2 days | N/A |
| Gross Rental Yield Percent | 4.85% | N/A |
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...
Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, A...
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...
One word: commercial. ...
Get notifications in real-time for staying up to date with content that matters to you.
