$18m investor shares his ‘life-changing’ first investment
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
Based on its average 5-year and quarterly capital gains MOUNT AUSTIN, 2650 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT AUSTIN, 2650 obtained a 1.79% growth over a ten-year period. It ranks 3276th on our list of suburbs that property investors should look into.
MOUNT AUSTIN, 2650 in NSW belongs to the local government area of Wagga Wagga.
MOUNT AUSTIN, 2650 has a capital gain of 3.23% for the past year, which is higher than average compared to its 4.35% growth within a five-year period.
With the median home price in MOUNT AUSTIN sitting at $240,000, and the average rent at $290, property owners could potentially earn a 6.28% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT AUSTIN are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $240,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.27% | N/A |
| Median 12 month | 3.23% | N/A |
| Median 3 years | 4.35% | N/A |
| Median 5 years | 4.35% | N/A |
| 10 years average annual | 1.79% | N/A |
| Weekly media advert. rent | $290 | N/A |
| Time on Market | 107.7 days | N/A |
| Gross Rental Yield Percent | 6.28% | N/A |
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
The president of the Real Estate Institute of Australia has concerns about investors who are in the current market for a quick win, and is f...
Housing affordability in key capital city markets is showing signs of life after several years of rapid deterioration, according to a nation...
While spring is traditionally when property owners treat their homes to a bit of ‘spit and polish’, it’s also an ideal time to give in...
Property lecturer and Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos shares the suburbs set to grow in each c...
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...