Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Property investors enjoyed capital gains of 29.93% over the last 12 months in LAKE TABOURIE, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in LAKE TABOURIE are low, as opposed to average gains per annum over the past five years.
The suburb posted a 54.26% 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 $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 4.51% increase in returns based on the current median price in LAKE TABOURIE.
LAKE TABOURIE, 2539 ranks 32nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 245th on the list of best yielding suburbs for rental properties in NSW, posting a 4.51% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $461,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.93% | N/A |
| Median 12 month | 29.93% | N/A |
| Median 3 years | 54.26% | N/A |
| Median 5 years | 51.73% | N/A |
| 10 years average annual | 6.65% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.51% | N/A |
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
One of Australia's major banks is being sued for breaches of the law in relation to its loan referral program. ...
Yet another lender has reduced variable and fixed rates across its owner-occupied and investment home loan products. ...
One national network of tax advisers is warning that property investors have been caught out by random audits for avoidable mistakes in thei...
Key Westpac subsidiaries have dropped their fixed rates by up to 140 basis points. ...
The corporate regulator has banned a director from providing financial services or engaging in credit activities for eight years, after find...
Get notifications in real-time for staying up to date with content that matters to you.