RBA rate cut won’t help economy
The Reserve Bank of Australia (RBA) reducing official interest rates from their current record lows will provide some relief for mortgage ho...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.05% growth over a ten-year period. It ranks 1532nd on our list of suburbs that property investors should look into.
ALBION PARK, 2527 has a capital gain of -0.81% for the past year, which is lower than average compared to its 31.18% growth within a five-year period.
With the median home price in ALBION PARK sitting at $610,000, and the average rent at $490, property owners could potentially earn a 4.18% 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 | $610,000 | $485,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 4.3% |
| Median 12 month | -0.81% | 0% |
| Median 3 years | 6.09% | -4.72% |
| Median 5 years | 31.18% | 22.78% |
| 10 years average annual | 5.05% | 4.61% |
| Weekly media advert. rent | $490 | $450 |
| Time on Market | 64.2 days | 103.1 days |
| Gross Rental Yield Percent | 4.18% | 4.82% |
The Reserve Bank of Australia (RBA) reducing official interest rates from their current record lows will provide some relief for mortgage ho...
Proposed federal government reforms to responsible lending obligations will help make home ownership more accessible for Australians, mortga...
A body corporate management company is urging apartment owners in the Gold Coast to be mindful about school leavers who are still planning o...
There are two categories when it comes to tax depreciation, and every component of your investment property will fall into one or the other....
Real estate bodies are rejoicing following the announcement that private inspections for purchase or leasing of Victorian residential pro...
Preliminary figures are looking good for Sydney’s auction market, with CoreLogic predicting greater auction clearance rates week-on-week...
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