Looser lending restrictions: What do they really mean for borrowers?
A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...
A steady increase in median property prices over a five-year period in the suburb translates to a 62.06% capital gain.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,050,000.
Profits due to an upward trend in home prices there averaged 20.69% per annum over a 3-year period.
Home owners selling their properties and realtors in LUDDENHAM usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $595 mark, reflecting a 1.51% increase in returns based on the current median price in LUDDENHAM.
LUDDENHAM, 2745 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,050,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 62.06% | N/A |
| Median 5 years | 57.27% | N/A |
| 10 years average annual | 19.57% | N/A |
| Weekly media advert. rent | $595 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.51% | N/A |
A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...
As Melbourne begins its path out of restrictions, falling state and national borders will again open up Australian real estate opportunities...
COVID-19 has highlighted several issues across the population, one of which being the impact of financial struggles and loneliness among old...
Perth hits a rental crisis as its residential vacancy rate continues to rapidly decline, dropping to below 1 per cent for only the third ti...
Total advertised stock on market across Melbourne has increased by more than 300 per cent in four weeks as a result of easing restrictions, ...
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment