How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
Subscribe to our newsletter
A steady increase in median property prices over a five-year period in the suburb translates to a 16.58% capital gain.
It 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 $450,000
The augmented property values in the suburb are trailing above the territorial average of -1.96% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $367.5.
Home owners selling their properties and realtors in BASIN VIEW usually have to wait an average of 126.6 days days before their assets are lifted off the market.
The NSW suburb ranks 354th on the list of best yielding suburbs for rental properties in NSW, posting a 4.25% return.
It also places places 1099th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.25% | N/A |
| Median 12 month | -0.44% | N/A |
| Median 3 years | 16.58% | N/A |
| Median 5 years | 34.33% | N/A |
| 10 years average annual | 5.21% | N/A |
| Weekly media advert. rent | $367.5 | N/A |
| Time on Market | 126.6 days | N/A |
| Gross Rental Yield Percent | 4.25% | N/A |
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...
With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...
Australian landlords and tenants could be treated differently during COVID-19 depending on their location in Australia, it’s been revealed...
The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...
New research has highlighted how the nation’s rural markets are performing amid the coronavirus pandemic. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
