Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Property investments in MICHELAGO did not fare well against the rest of the country last year, registering a median home price decrease of -12.33%.
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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $657,500.
MICHELAGO ranks 1503rd on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $657,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -12.22% | N/A |
| Median 12 month | -12.33% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 17.87% | 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 |
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