Schoolies season sparks warning to home owners
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
A steady increase in median property prices over a five-year period in the suburb translates to a 21.74% 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 $560,000.
Profits due to an upward trend in home prices there averaged 7.25% per annum over a 3-year period.
Home owners selling their properties and realtors in HILL TOP usually have to wait an average of 100.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $465 mark, reflecting a 4.32% increase in returns based on the current median price in HILL TOP.
HILL TOP, 2575 places 1025th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $560,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.88% | N/A |
| Median 12 month | -7.59% | N/A |
| Median 3 years | 21.74% | N/A |
| Median 5 years | 65.68% | N/A |
| 10 years average annual | 8.29% | N/A |
| Weekly media advert. rent | $465 | N/A |
| Time on Market | 100.7 days | N/A |
| Gross Rental Yield Percent | 4.32% | N/A |
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
Data from the Australian Bureau of Statistics on new housing credit has shown a sharp rise in the value of home loan commitments driven by a...
Property investors seek to grow portfolios with multiple properties, but what happens when they get limited access to financing after the fi...
While there are a lot of different measures to evaluate the performance of a property portfolio, for some experts, the three most important ...
Recent analysis by the REIV has found that Melbourne land values have climbed significantly over the past five years, particularly in the ou...
New research has suggested that demand for detached homes has stabilised, with an expert predicting slim chance of pick-up. ...
Get notifications in real-time for staying up to date with content that matters to you.