Dodgy landlord pockets bond
A landlord has been fined over $5,000 for refusing to lodge a tenant’s bond. ...
CASUARINA, 2487 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $1,170,000.
Profits due to an upward trend in home prices in the suburb averaged 13.65% per annum over a 3-year period.
CASUARINA now ranks at the 289th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in CASUARINA are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $800 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CASUARINA, homes and units usually stay on listing for an average of 85.1 days.
In 2016, 43 properties were sold in CASUARINA during the past year, making it the 443rd most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,170,000 | $500,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.3% | 8.7% |
| Median 12 month | 7.09% | 12.68% |
| Median 3 years | 40.96% | 10.64% |
| Median 5 years | 72.38% | 37.93% |
| 10 years average annual | 4.89% | 3.99% |
| Weekly media advert. rent | $800 | $510 |
| Time on Market | 85.1 days | 106.7 days |
| Gross Rental Yield Percent | 3.56% | 5.3% |
A landlord has been fined over $5,000 for refusing to lodge a tenant’s bond. ...
New requirements for residential off-the-plan contracts have kicked off in NSW, with the aim to “bring greater transparency and certainty...
The upswing in preliminary auction clearance rates continues, with 2,837 homes falling under the hammer for combined capital cities last wee...
Another group has condemned the Queensland government’s proposed rental reforms, saying they represent just how “out of touch” it is w...
After months of consistent decline, Sydney is now poised for a double-digit growth next year, according to experts. How can investors maximi...
The high costs of properties in Sydney and Melbourne are driving investors outwards, leading to an uptick in prices for adjacent regional a...
Get notifications in real-time for staying up to date with content that matters to you.