Qld property owners urged to act now on smoke alarm compliance
Property owners in Queensland strata schemes have been advised to ensure their units are compliant with the state government’s smoke alarm...
Property investments in BERRIGAN did not fare well against the rest of the country last year, registering a median home price decrease of -16.41%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BERRIGAN, 2712 saw average decrease in the long term.
Real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 138.2 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $133,750.
BERRIGAN ranks 12th on the list of best yielding suburbs for rental properties in NSW, posting a 7.78% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $133,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.93% | N/A |
| Median 12 month | -16.41% | N/A |
| Median 3 years | -9.63% | N/A |
| Median 5 years | -24.86% | N/A |
| 10 years average annual | 9.37% | N/A |
| Weekly media advert. rent | $200 | N/A |
| Time on Market | 138.2 days | N/A |
| Gross Rental Yield Percent | 7.78% | N/A |
Property owners in Queensland strata schemes have been advised to ensure their units are compliant with the state government’s smoke alarm...
Joining the list of emerging trends in today’s property market is renovation for short-term accommodation. How will this strategy affect t...
Looking to buy property but don’t know where to start? Here are five things investors wish they knew before entering the housing market. ...
Much like Sydney, Melbourne’s property market has been showing signs of recovery after months of significant declines. Is now a good time...
The ABS has reported an investor-driven “pop” in home loan activity, which, according to ANZ Research, could be a cause for “concern...
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
Get notifications in real-time for staying up to date with content that matters to you.