Why diversification is the key to success as a property investor
Diversification is being dubbed as one of the most important considerations to have as a property investor. Here’s how to ensure you’re ...
Property investors enjoyed capital gains of 5.15% over the last 12 months in ST CLAIR, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.88% growth over a ten-year period. It ranks 526th on our list of suburbs that property investors should look into.
ST CLAIR, 2759 has a capital gain of 5.15% for the past year, which is higher than average compared to its 22.18% growth within a five-year period.
With the median home price in ST CLAIR sitting at $694,000, and the average rent at $430, property owners could potentially earn a 3.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ST CLAIR are low, as opposed to average gains per annum over the past five years.
ST CLAIR, 2759 in NSW belongs to the local government area of Penrith (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $694,000 | $649,975 |
| GROWTH REPORT | ||
| Median Quarterly | 2.21% | 0% |
| Median 12 month | 5.15% | 6.68% |
| Median 3 years | -2.25% | N/A |
| Median 5 years | 22.18% | 27.45% |
| 10 years average annual | 6.88% | 10.67% |
| Weekly media advert. rent | $430 | $445 |
| Time on Market | 39.4 days | 0.0 days |
| Gross Rental Yield Percent | 3.22% | 3.56% |
Diversification is being dubbed as one of the most important considerations to have as a property investor. Here’s how to ensure you’re ...
The combined capital city preliminary auction clearance rate improved this week as volumes rose across major capital city markets, led by ac...
An increasing amount of first home buyers are calling Sydney’s north west home, with apartment sales spiking in the area. ...
Time and time again, Perth has proven its resilience as a property market despite economic turbulence. Will the Western Australian capital c...
New research has shown that more than a third of investors would consider refinancing to a new lender to secure interest rates even just h...
“Loyalty tax” stands as one of the hidden charges on mortgage holders, who could be blindly loyal to their bank and paying for it withou...
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