Office investment in Melbourne is boosting resi investment
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
Property investors have seen a -3.35% 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 $274,000
Profits averaged 5.47% per annum over a 3-year period, due to an upward trend in home prices in SPRINGDALE HEIGHTS, 2641.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 5.31%.
An average of 2.92 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 35 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $274,000 | $121,250 |
| GROWTH REPORT | ||
| Median Quarterly | -3.35% | N/A |
| Median 12 month | 2.43% | N/A |
| Median 3 years | 16.41% | N/A |
| Median 5 years | 16.6% | N/A |
| 10 years average annual | 1.59% | N/A |
| Weekly media advert. rent | $280 | $187.5 |
| Time on Market | 90.3 days | 114.9 days |
| Gross Rental Yield Percent | 5.31% | 8.04% |
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
The new Western Sydney Airport is set to bring investors new opportunities, a homebuilder has suggested, with the surrounding ‘Aerotropoli...
An informed property investor is a smart property investor, with one property expert stating preparation is the key to a successful investme...
Landlords are often blamed for affordability issues, but one property expert and property investor refutes this, arguing that landlords can ...
Financial advisers are not as in-demand as other professionals in the property investment landscape, but experts believe that they are just ...
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...