How to refinance a rental property
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
Property investors have seen a 4.5% gain in SOUTH NOWRA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SOUTH NOWRA, 2541 saw average growth in the long term.
The NSW suburb 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 $580,000
Profits averaged 2.34% per annum over a 3-year period, due to an upward trend in home prices in SOUTH NOWRA, 2541.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in SOUTH NOWRA, 2541 is 4.12%.
An average of 7.17 real estate transactions take place per month in SOUTH NOWRA which translates to 86 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.5% | N/A |
| Median 12 month | 9.43% | N/A |
| Median 3 years | 7.01% | N/A |
| Median 5 years | 45.55% | N/A |
| 10 years average annual | 6.45% | N/A |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 146.0 days | N/A |
| Gross Rental Yield Percent | 4.12% | N/A |
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
The recent reduction of a number of “floor rates” to under 5 per cent could see vendors receiving strong sales up to Christmas and again...
Listings of short-stay rentals on Airbnb and other similar platforms have more than halved – shedding 17,000 properties – in the major m...
While most of the smaller capital cities thrived amid the COVID-19 virus, Sydney, Melbourne and Brisbane found themselves with a mixed bag o...
As bigger capital cities’ rents continue to fall, Perth rent values have soared annually, according to CoreLogic. ...
What are tenancy databases and why should you use them as a landlord? ...
Get notifications in real-time for staying up to date with content that matters to you.
