
How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Based on its average 5-year and quarterly capital gains MICHELAGO, 2620 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,050,000.
MICHELAGO ranks 1496th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,050,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 15.93% | N/A |
Median 12 month | N/A | N/A |
Median 3 years | N/A | N/A |
Median 5 years | N/A | N/A |
10 years average annual | 74.56% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 0.0 days | N/A |
Gross Rental Yield Percent | N/A | N/A |