Fact or myth: Does water view affect property price growth?
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
FISHERMANS PARADISE, 2539 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling FISHERMANS PARADISE, 2539 values up and netting property investors a capital gain of 10.14% for the past year.
Investors saw the median home price rise to $472,500.
Profits due to an upward trend in home prices in the suburb averaged 18.48% per annum over a 3-year period.
FISHERMANS PARADISE now ranks at the 1029th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in FISHERMANS PARADISE are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In FISHERMANS PARADISE, homes and units usually stay on listing for an average of 115.6 days.
In 2016, 15 properties were sold in FISHERMANS PARADISE during the past year, making it the 1157th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.14%||N/A|
|Median 3 years||55.43%||N/A|
|Median 5 years||113.32%||N/A|
|10 years average annual||7.47%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||115.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
New data has found which suburbs in some of Australia’s major capital cities are most suitable for subdivision, with the claims that doing...
The latest weekly property market data has shown even further signs of value stabilisation across the country, with all major capital cities...
There is a group that rarely gets the recognition they deserve. In fact, they’ve become a demographic football that’s been kicked around...
Winter – time for woolly jumpers, snuggly blankets, hot chocolate and nights by the fire… But it is also the time of year when cocooning...