How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.96% growth over a ten-year period. It ranks 530th on our list of suburbs that property investors should look into.
ST CLAIR, 2759 has a capital gain of -3.78% for the past year, which is lower than average compared to its 61.1% growth within a five-year period.
With the median home price in ST CLAIR sitting at $692,750, and the average rent at $450, property owners could potentially earn a 3.38% 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 | $692,750 | $685,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.53% | 6.2% |
| Median 12 month | -3.78% | 5.38% |
| Median 3 years | 12.64% | 13.22% |
| Median 5 years | 61.1% | 73.42% |
| 10 years average annual | 7.96% | 9.56% |
| Weekly media advert. rent | $450 | $350 |
| Time on Market | 53.7 days | 0.0 days |
| Gross Rental Yield Percent | 3.38% | 2.66% |
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