CBA profits dip 11%, offset by home lending spike
Above-system home lending volumes and record-high deposit growth have cushioned the COVID-induced hit to the major bank’s bottom line. ...
Property investors have seen a 0.93% gain in TREGEAR based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TREGEAR, 2770 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 $434,000
Profits averaged -2.72% per annum over a 3-year period, due to an downward trend in home prices in TREGEAR, 2770.
This means, real estate investors could earn a rental income of $310 based on current median home prices for the suburb.
The gross rental yield in TREGEAR, 2770 is 3.71%.
An average of 2.67 real estate transactions take place per month in TREGEAR which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $434,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.93% | N/A |
| Median 12 month | -1.36% | N/A |
| Median 3 years | -8.15% | N/A |
| Median 5 years | 13.46% | N/A |
| 10 years average annual | 7.44% | N/A |
| Weekly media advert. rent | $310 | N/A |
| Time on Market | 64.5 days | N/A |
| Gross Rental Yield Percent | 3.71% | N/A |
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