Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors enjoyed capital gains of 2.49% over the last 12 months in BERKELEY, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.14% growth over a ten-year period. It ranks 438th on our list of suburbs that property investors should look into.
BERKELEY, 2506 has a capital gain of 2.49% for the past year, which is lower than average compared to its 39.19% growth within a five-year period.
With the median home price in BERKELEY sitting at $515,000, and the average rent at $427.5, property owners could potentially earn a 4.32% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BERKELEY are low, as opposed to average gains per annum over the past five years.
BERKELEY, 2506 in NSW belongs to the local government area of Wollongong (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 2.49% | N/A |
| Median 3 years | 2.49% | N/A |
| Median 5 years | 39.19% | N/A |
| 10 years average annual | 7.14% | N/A |
| Weekly media advert. rent | $427.5 | N/A |
| Time on Market | 57.5 days | N/A |
| Gross Rental Yield Percent | 4.32% | N/A |
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors often seek to manufacture equity by building and renovating – a strategy that could be made or broken by their chosen l...
As the country moves to recover from the impact of the COVID-19 outbreak, how will the Perth property market fare over the remainder of 2020...
Despite leading economists predicting a fall in the housing market once government support is withdrawn, a leading property researcher belie...
From the extension of several states’ rental moratoriums to the reopening of Victoria’s property marketplace: Here are this week’s big...
Once through with the initial steps of property investment, the more sophisticated investors jump onto building and renovation as their next...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment