Negative gearing changes off the table as Morrison holds government
Scott Morrison and the Liberal Party have held government, meaning major cuts to negative gearing and capital gains tax are off the table. ...
Property investors have seen a -6.68% drop in CONJOLA PARK based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on CONJOLA PARK, 2539 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.19%.
Based on its average 5-year and quarterly capital gains CONJOLA PARK, 2539 saw average growth in the long term.
The NSW suburb 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 $573,000
Profits averaged 19.43% per annum over a 3-year period, due to an upward trend in home prices in CONJOLA PARK, 2539.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in CONJOLA PARK, 2539 is 2.54%.
An average of 1.08 real estate transactions take place per month in CONJOLA PARK which translates to 13 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $573,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.68% | N/A |
| Median 12 month | 10.19% | N/A |
| Median 3 years | 58.29% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 11.3% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.54% | N/A |
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