The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
A steady increase in median property prices over a five-year period in the suburb translates to a 10.2% capital gain.
The 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 $562,000.
Profits due to an upward trend in home prices there averaged 3.4% per annum over a 3-year period.
Home owners selling their properties and realtors in AMBARVALE usually have to wait an average of 34.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.7% increase in returns based on the current median price in AMBARVALE.
AMBARVALE, 2560 places 970th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $562,000 | $377,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.46% | -5.75% |
| Median 12 month | -3.93% | -3.95% |
| Median 3 years | 10.2% | 12.87% |
| Median 5 years | 66.03% | 53.25% |
| 10 years average annual | 8.01% | 6.86% |
| Weekly media advert. rent | $400 | $350 |
| Time on Market | 34.2 days | 38.8 days |
| Gross Rental Yield Percent | 3.7% | 4.83% |
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...
Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....
There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...
With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...