Looser lending restrictions: What do they really mean for borrowers?
A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 12.92% growth over a ten-year period. It ranks 2890th on our list of suburbs that property investors should look into.
GREGORY HILLS, 2557 has a capital gain of -3.46% for the past year, which is lower than average compared to its 4.39% growth within a five-year period.
With the median home price in GREGORY HILLS sitting at $642,000, and the average rent at $510, property owners could potentially earn a 4.13% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GREGORY HILLS are low, as opposed to average gains per annum over the past five years.
GREGORY HILLS, 2557 in NSW belongs to the local government area of Camden (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $642,000 | $630,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -2.33% |
| Median 12 month | -3.46% | -2.85% |
| Median 3 years | -10.83% | -2.93% |
| Median 5 years | 4.39% | 7.23% |
| 10 years average annual | 12.92% | 9.71% |
| Weekly media advert. rent | $510 | N/A |
| Time on Market | 74.8 days | 68.7 days |
| Gross Rental Yield Percent | 4.13% | N/A |
A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...
As Melbourne begins its path out of restrictions, falling state and national borders will again open up Australian real estate opportunities...
COVID-19 has highlighted several issues across the population, one of which being the impact of financial struggles and loneliness among old...
Perth hits a rental crisis as its residential vacancy rate continues to rapidly decline, dropping to below 1 per cent for only the third ti...
Total advertised stock on market across Melbourne has increased by more than 300 per cent in four weeks as a result of easing restrictions, ...
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment