‘Sexy’ reno options for cashed-up tenants
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $344,000.
The upward trend in home prices in JINDERA, 2642 averaged 5.08% per annum over a 3-year period.
Average weekly rents on listings have reached the $320 mark, reflecting a 4.84% increase in returns based on the current median price in JINDERA.
An average of 2.33 real estate transactions take place per month in JINDERA which translates to 28 per annum.
28 properties were sold in JINDERA in 2016, making it the 713th most active market in NSW based on total real estate transactions.
JINDERA, 2642 places 43rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $344,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.79% | N/A |
| Median 12 month | 9.9% | N/A |
| Median 3 years | 15.24% | N/A |
| Median 5 years | 11.87% | N/A |
| 10 years average annual | 3.45% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 127.7 days | N/A |
| Gross Rental Yield Percent | 4.84% | N/A |
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...
While Australia’s capital cities saw a continuation of softening in auction clearance rates over the December quarter, there was a conside...
A rise in private spending in one recovering state for infrastructure and resource-related projects is likely to increase the attractiveness...
Australia’s capital cities experienced a rise in housing affordability over the last quarter of 2018, which one senior economist said is m...
Smart Property Investment’s Phil Tarrant and Sasha Karen, together with Momentum Media’s James Mitchell, look back on property hotspots ...
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...