How to pay off your mortgage in 10 years
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
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 $337,000.
The upward trend in home prices in JINDERA, 2642 averaged 1.02% per annum over a 3-year period.
Average weekly rents on listings have reached the $340 mark, reflecting a 5.25% increase in returns based on the current median price in JINDERA.
An average of 2.67 real estate transactions take place per month in JINDERA which translates to 32 per annum.
32 properties were sold in JINDERA in 2016, making it the 614th most active market in NSW based on total real estate transactions.
JINDERA, 2642 places 626th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $337,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.6% | N/A |
| Median 12 month | 2.74% | N/A |
| Median 3 years | 3.06% | N/A |
| Median 5 years | -1.75% | N/A |
| 10 years average annual | 4.53% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 66.8 days | N/A |
| Gross Rental Yield Percent | 5.25% | N/A |
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