New home sales reach two-decade high
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
Property investors enjoyed capital gains of 9.94% over the last 12 months in JAMBEROO, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in JAMBEROO are low, as opposed to average gains per annum over the past five years.
The suburb posted a 8.61% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
On average, rents on listings have reached the $580 mark, reflecting a 3.35% increase in returns based on the current median price in JAMBEROO.
JAMBEROO, 2533 ranks 510th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 592nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.35% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $901,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 9.94% | N/A |
| Median 3 years | 8.61% | N/A |
| Median 5 years | 11.99% | N/A |
| 10 years average annual | 6.03% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 108.0 days | N/A |
| Gross Rental Yield Percent | 3.35% | N/A |
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
According to new documents released from the Reserve Bank of Australia, persistently low interest rates could push up property prices by as ...
The shift to online shopping and working from home will reduce demand for retail and office space, with widespread implications expected for...
Home loan applications ticked down in December, following a record high November, new data has revealed. ...
Brisbane’s inner-city rental market has made a comeback with a 3.3 per cent vacancy rate, solidifying an upward trend for the Queensland m...
Brisbane, Adelaide and Perth are tipped to experience the strongest price growth this year, as 19 per cent of existing investors explore ne...
Get notifications in real-time for staying up to date with content that matters to you.
