PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Subscribe to our newsletter
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 0.71% per annum over a 3-year period.
Average weekly rents on listings have reached the $355 mark, reflecting a 5.48% increase in returns based on the current median price in JINDERA.
An average of 2.75 real estate transactions take place per month in JINDERA which translates to 33 per annum.
33 properties were sold in JINDERA in 2016, making it the 588th most active market in NSW based on total real estate transactions.
JINDERA, 2642 places th 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% | N/A |
| Median 12 month | 2.74% | N/A |
| Median 3 years | 2.12% | N/A |
| Median 5 years | -0.59% | N/A |
| 10 years average annual | 5.02% | N/A |
| Weekly media advert. rent | $355 | N/A |
| Time on Market | 78.2 days | N/A |
| Gross Rental Yield Percent | 5.48% | N/A |
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Landlords who are providing their tenants with rent relief during the COVID-19 crisis are now able to apply for land tax concessions. ...
More than half of Australian investors expect property prices to tumble over the next 12 months, a new survey has revealed. ...
The Australian Housing and Urban Research Institute (AHURI) is undertaking several priority research projects which aim to help governments ...
With the end of financial year approaching, coupled with the current climate, two experts have shed light on the value of investors having g...
A local professional has highlighted four key trends likely to impact Australia’s real estate industry. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
