Should investors ignore Sydney’s growth and invest regionally?
The Sydney property market is widely tipped to break its own record in 2020, but one property investor suggests greater value can be found o...
Property investors enjoyed capital gains of 8% over the last 12 months in BERRARA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in BERRARA are low, as opposed to average gains per annum over the past five years.
The suburb posted a 18.6% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BERRARA.
BERRARA, 2540 ranks 141st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1241st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $634,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.12% | N/A |
| Median 12 month | 8% | N/A |
| Median 3 years | 18.6% | N/A |
| Median 5 years | 61.86% | N/A |
| 10 years average annual | 10.54% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
The Sydney property market is widely tipped to break its own record in 2020, but one property investor suggests greater value can be found o...
Where you want to be in 2030 might seem like a strange question to ask when we’ve just welcomed in 2020. ...
A relatively low level of medium density building approvals has highlighted the need for new options to be made available for certain sector...
Building a sustainable property doesn’t have to be an expensive investment for it to cost less in the long run, according to a builder. ...
The central bank is set to hold off on a rate cut in February following a stronger than expected bounce in the labour market, ANZ Research h...
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
Get notifications in real-time for staying up to date with content that matters to you.