Property buyers warned on hasty decisions with HomeBuilder grant
Property buyers looking to cash in on the HomeBuilder grant should proceed with caution, with uncertainty around building costs and job secu...
Based on its average 5-year and quarterly capital gains BALGOWNIE, 2519 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BALGOWNIE, 2519 obtained a 6.92% growth over a ten-year period. It ranks 571st on our list of suburbs that property investors should look into.
BALGOWNIE, 2519 in NSW belongs to the local government area of Wollongong (C).
BALGOWNIE, 2519 has a capital gain of 8.15% for the past year, which is higher than average compared to its 33.7% growth within a five-year period.
With the median home price in BALGOWNIE sitting at $849,000, and the average rent at $520, property owners could potentially earn a 3.18% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BALGOWNIE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $849,000 | $707,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.41% | 2.46% |
| Median 12 month | 8.15% | -2.15% |
| Median 3 years | -2.69% | 13.48% |
| Median 5 years | 33.7% | 41.12% |
| 10 years average annual | 6.92% | 7.08% |
| Weekly media advert. rent | $520 | $497.5 |
| Time on Market | 60.2 days | 64.4 days |
| Gross Rental Yield Percent | 3.18% | 3.66% |
Property buyers looking to cash in on the HomeBuilder grant should proceed with caution, with uncertainty around building costs and job secu...
Home owners have been advised to be cautious of faulty work on their properties as an electrician was fined $27,000 for a wiring error in W...
Real estate agents’ review website RateMyAgent has launched its new Agent Recognition feature designed to help agents build trust, c...
Clarity has been received for people looking to move house in Victoria as the number of cases continues to climb. ...
Preliminary data is suggesting that the HomeBuilder scheme is doing what it was intended to do – secure jobs and inject confidence back in...
Preliminary auction clearance rates being tracked by CoreLogic show varied results across each capital city for the week concluding 12 July...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
