‘Sexy’ reno options for cashed-up tenants
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...
Homeowners and real estate investors betting on CURRARONG, 2540 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 31.93%.
A steady increase in median property prices over a five-year period in the suburb translates to a 78.41% capital gain.
Property investors in CURRARONG enjoyed capital gains of 31.93% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $785,000.
Profits due to an upward trend in home prices there averaged 26.14% per annum over a 3-year period.
Home owners selling their properties and realtors in CURRARONG usually have to wait an average of 62.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CURRARONG.
CURRARONG, 2540 places 1022nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $785,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.79% | N/A |
| Median 12 month | 31.93% | N/A |
| Median 3 years | 78.41% | N/A |
| Median 5 years | 79.43% | N/A |
| 10 years average annual | 7.98% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 62.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...
While Australia’s capital cities saw a continuation of softening in auction clearance rates over the December quarter, there was a conside...
A rise in private spending in one recovering state for infrastructure and resource-related projects is likely to increase the attractiveness...
Australia’s capital cities experienced a rise in housing affordability over the last quarter of 2018, which one senior economist said is m...
Smart Property Investment’s Phil Tarrant and Sasha Karen, together with Momentum Media’s James Mitchell, look back on property hotspots ...
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...