Capital cities to see busiest auction week since April
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
Property investors enjoyed capital gains of 5.26% over the last 12 months in THE PONDS, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in THE PONDS are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
On average, rents on listings have reached the $620 mark, reflecting a 3.22% increase in returns based on the current median price in THE PONDS.
THE PONDS, 2769 ranks 616th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 666th on the list of best yielding suburbs for rental properties in NSW, posting a 3.22% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $999,990 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.06% | N/A |
| Median 12 month | 5.26% | N/A |
| Median 3 years | -3.07% | N/A |
| Median 5 years | 13.64% | N/A |
| 10 years average annual | 6.24% | N/A |
| Weekly media advert. rent | $620 | N/A |
| Time on Market | 47.7 days | N/A |
| Gross Rental Yield Percent | 3.22% | N/A |
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
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, ...
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