What to know about SMSFs and property
A director at HLB Mann Judd has shed light on how investors can utilise a self-managed super fund to meet their property goals. ...
COOTAMUNDRA, 2590 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 $245,000.
Profits due to an upward trend in home prices in the suburb averaged 4.13% per annum over a 3-year period.
COOTAMUNDRA now ranks at the th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in COOTAMUNDRA are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $270 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOTAMUNDRA, homes and units usually stay on listing for an average of 124.3 days.
In 2016, 137 properties were sold in COOTAMUNDRA during the past year, making it the 1113th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.36%||N/A|
|Median 3 years||12.39%||N/A|
|Median 5 years||23.74%||N/A|
|10 years average annual||4.95%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||124.3 days||N/A|
|Gross Rental Yield Percent||5.73%||N/A|
With the east coast of Australia becoming increasingly unaffordable and wage growth continuing to stall, east coast growth is tipped to slow...
The low rate environment means investors are moving towards financial product assets and away from property to earn returns in 2020, accordi...
New figures have shown just how much of a squeeze low housing construction numbers had on the national economy last year. ...
New research has revealed a spike in Melbourne land sales for the December quarter. ...
Latest insights from OpenAgent.com.au found that suburbs near the Brisbane city centre boast rental yields over 5.6 per cent. ...