Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
Property investors have seen a -2.01% drop in DOONSIDE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DOONSIDE, 2767 saw average growth in the long term.
The NSW 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 $658,250
Profits averaged 3.27% per annum over a 3-year period, due to an upward trend in home prices in DOONSIDE, 2767.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in DOONSIDE, 2767 is 3.4%.
An average of 8.67 real estate transactions take place per month in DOONSIDE which translates to 104 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $658,250 | $622,500 |
| GROWTH REPORT | ||
| Median Quarterly | -2.01% | -2.73% |
| Median 12 month | -4.6% | -2.96% |
| Median 3 years | 9.8% | 13.18% |
| Median 5 years | 63.54% | 61.69% |
| 10 years average annual | 8.83% | 7.3% |
| Weekly media advert. rent | $430 | $420 |
| Time on Market | 58.1 days | 44.0 days |
| Gross Rental Yield Percent | 3.4% | 3.51% |
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