How to pay off your mortgage in 10 years
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
A 46.37% increase in median property prices in KEMBLA GRANGE, 2526 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 1st.
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $565,000
The augmented property values in the suburb are trailing above the territorial average of -2.8% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $580.
Home owners selling their properties and realtors in KEMBLA GRANGE usually have to wait an average of 59.5 days days before their assets are lifted off the market.
The NSW suburb ranks 121st on the list of best yielding suburbs for rental properties in NSW, posting a 5.34% return.
It also places places 45th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $565,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 13.23% | N/A |
| Median 12 month | 46.37% | N/A |
| Median 3 years | -3.42% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 3.21% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 59.5 days | N/A |
| Gross Rental Yield Percent | 5.34% | N/A |
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