Q&A: Babak Haeri, The Investors Agency
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
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 $272,000.
The upward trend in home prices in BURONGA, 2739 averaged 4.44% per annum over a 3-year period.
Average weekly rents on listings have reached the $350 mark, reflecting a 6.69% increase in returns based on the current median price in BURONGA.
An average of 1.75 real estate transactions take place per month in BURONGA which translates to 21 per annum.
21 properties were sold in BURONGA in 2016, making it the 869th most active market in NSW based on total real estate transactions.
BURONGA, 2739 places 764th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $272,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.74% | N/A |
| Median 12 month | -11.54% | N/A |
| Median 3 years | 13.33% | N/A |
| Median 5 years | 13.81% | N/A |
| 10 years average annual | 4.51% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 59.6 days | N/A |
| Gross Rental Yield Percent | 6.69% | N/A |
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
Former gold medalist Steve Hooker is helping younger Australians break through the rental barrier and get into their first place sooner. ...
Auction volumes across the combined capital cities are expected to be lower than the previous week. ...
It’s a new financial year and some Victorian areas have re-entered stage 3 restrictions due to COVID-19: Here are the biggest property st...
Sentinel Property Group has revamped its executive leadership structure as they look to take advantage of any opportunities in the commercia...
New mortgage-holders can now get rates for below 2 per cent, as authorised deposit-taking institutions fight for new business. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
