Victorian land sales strong despite restrictions
COVID-19 restrictions have not stopped investors in Victorian land buyers, with new research confirming developer and government incentives ...
Property investments in EMU PLAINS fare well against the rest of the country last year, registering a median home price increase of 7.14%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains EMU PLAINS, 2750 saw average growth in the long term.
Real estate investors could earn a rental income of $455 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 44.4 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $720,000.
EMU PLAINS ranks 653rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.29% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | $600,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -1.64% |
| Median 12 month | 7.14% | 3.53% |
| Median 3 years | 3.97% | -1.96% |
| Median 5 years | 23.08% | 33.44% |
| 10 years average annual | 6.45% | 6.25% |
| Weekly media advert. rent | $455 | $422.5 |
| Time on Market | 44.4 days | 0.0 days |
| Gross Rental Yield Percent | 3.29% | 3.66% |
COVID-19 restrictions have not stopped investors in Victorian land buyers, with new research confirming developer and government incentives ...
A real estate body has launched a public campaign targeting the Andrews government’s continued real estate restrictions, noting the immens...
Victoria’s COVID-19 restrictions have begun to lift as the rest of the country watches on: Here’s the biggest property stories from this...
As many know, the key to successful investing falls back to managing your finances. Here are some top tips on how to budget correctly. ...
Domain’s latest research has shone a spotlight on the suburbs seeing the strongest buyer demand. ...
New data has predicted the volume of auctions set to take place across Australia’s capital cities for the week concluding 20 September, w...
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