Aussie preferences switch towards smaller lenders
Investors are breaking up with the big four banks, preferring the smaller players, new research has shown. ...
Property investors have seen a -11.42% drop in SPRINGDALE HEIGHTS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SPRINGDALE HEIGHTS, 2641 saw average growth in the long term.
The NSW 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 $225,000
Profits averaged -1.95% per annum over a 3-year period, due to an downward trend in home prices in SPRINGDALE HEIGHTS, 2641.
This means, real estate investors could earn a rental income of $315 based on current median home prices for the suburb.
The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 7.28%.
An average of 4 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 48 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $225,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -11.42% | N/A |
| Median 12 month | -16.36% | N/A |
| Median 3 years | -5.86% | N/A |
| Median 5 years | 7.14% | N/A |
| 10 years average annual | 1.41% | N/A |
| Weekly media advert. rent | $315 | N/A |
| Time on Market | 82.3 days | N/A |
| Gross Rental Yield Percent | 7.28% | N/A |
Investors are breaking up with the big four banks, preferring the smaller players, new research has shown. ...
Interest rate cuts and changes to mortgage serviceability guidance have not been enough to spark a quarter-on-quarter increase in home loan ...
More Australian investors have got their eyes on interstate property markets, with new research finding 45 per cent are exploring options ou...
The country’s two biggest cities have led the housing market recovery. ...
After years of lacklustre performance, the Perth property market is set to see signs of life growing as the effect of the mining boom dimini...
While Boomer and Millennials tend to disagree, both have similar ideals when it comes to property investment, new research has suggested. ...
Get notifications in real-time for staying up to date with content that matters to you.