How much has your property fallen in the last quarter?
Residential property prices fell by 0.7 per cent in the June quarter, according to newly released national figures. ...
Property investors enjoyed capital gains of 1.96% 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 6.7% growth over a ten-year period. It ranks 909th on our list of suburbs that property investors should look into.
ALBION PARK, 2527 has a capital gain of 1.96% for the past year, which is lower than average compared to its 58.23% growth within a five-year period.
With the median home price in ALBION PARK sitting at $625,000, and the average rent at $500, property owners could potentially earn a 4.16% 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 (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $625,000 | $490,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.96% | -2% |
| Median 12 month | 1.96% | -4.85% |
| Median 3 years | 27.55% | 21.9% |
| Median 5 years | 58.23% | 40% |
| 10 years average annual | 6.7% | 6.28% |
| Weekly media advert. rent | $500 | $435 |
| Time on Market | 59.6 days | 61.5 days |
| Gross Rental Yield Percent | 4.16% | 4.62% |
Residential property prices fell by 0.7 per cent in the June quarter, according to newly released national figures. ...
Customer-owned banking institutions wrote $6.6 billion in the 2019 financial year, up 7.8 per cent from the previous year and outpacing grow...
As Australian house prices stabilise, one capital city has been predicted to outstrip all other markets in value growth over the next three ...
New figures from AMP Bank have shown a “significant uptick” in the number of home loan customers switching from IO to P&I loans ahea...
The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against...
With housing now seen as the ultimate status of wealth, Australia is in for an outpour of new investors looking to add to their property por...
Get notifications in real-time for staying up to date with content that matters to you.