Popular borrowing strategy in government’s sights
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
Property investors enjoyed capital gains of 8.45% over the last 12 months in ALBION PARK, 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 6.45% growth over a ten-year period. It ranks 953rd on our list of suburbs that property investors should look into.
ALBION PARK, 2527 has a capital gain of 8.45% for the past year, which is lower than average compared to its 54.36% growth within a five-year period.
With the median home price in ALBION PARK sitting at $629,000, and the average rent at $485, property owners could potentially earn a 4.01% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALBION PARK are low, as opposed to average gains per annum over the past five years.
ALBION PARK, 2527 in NSW belongs to the local government area of Shellharbour.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $629,000 | $505,300 |
| GROWTH REPORT | ||
| Median Quarterly | 0.64% | -2.26% |
| Median 12 month | 8.45% | 0.16% |
| Median 3 years | 33.83% | 26.64% |
| Median 5 years | 54.36% | 50.39% |
| 10 years average annual | 6.45% | 6.84% |
| Weekly media advert. rent | $485 | $450 |
| Time on Market | 54.4 days | 52.0 days |
| Gross Rental Yield Percent | 4.01% | 4.63% |
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...
New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...
Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...
One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...
No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcityâ...