Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors enjoyed capital gains of 4.78% over the last 12 months in JERRABOMBERRA, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 2.82% growth over a ten-year period. It ranks 2468th on our list of suburbs that property investors should look into.
JERRABOMBERRA, 2619 has a capital gain of 4.78% for the past year, which is lower than average compared to its 29.53% growth within a five-year period.
With the median home price in JERRABOMBERRA sitting at $822,500, and the average rent at $650, property owners could potentially earn a 4.11% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in JERRABOMBERRA are low, as opposed to average gains per annum over the past five years.
JERRABOMBERRA, 2619 in NSW belongs to the local government area of Queanbeyan-Palerang Regional (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $822,500 | $512,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.81% | -1.3% |
| Median 12 month | 4.78% | 13.89% |
| Median 3 years | 15.44% | 18.84% |
| Median 5 years | 29.53% | 23.2% |
| 10 years average annual | 2.82% | 2.62% |
| Weekly media advert. rent | $650 | $450 |
| Time on Market | 68.0 days | 66.2 days |
| Gross Rental Yield Percent | 4.11% | 4.57% |
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Experts have warned that the NSW government’s proposed $25,000 new property tax system might drive up house prices. ...
The residential vacancy rate across Perth declined slightly in October, coinciding with a drop in new investment financing. ...
Scheduled auction volumes are expected to surge above 2,000 for the first time since April, CoreLogic has found. ...
Doom and gloom headlines filled the news as soon as COVID-19 outbreak began, and Australia ultimately headed to its first recession in over ...
In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant discuss buying in the GFC, prop...
Get notifications in real-time for staying up to date with content that matters to you.
