Government Extends Home Guarantee Scheme With 40,000 New Places
The dawn of the new financial year has brought with it an expansion of the Home Guarantee Scheme, with the Albanese gove...
Property investors enjoyed capital gains of 34.5% over the last 12 months in BOURKE, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in BOURKE are low, 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 $290 based on current median home prices for the suburb.
On average, rents on listings have reached the $290 mark, reflecting a 0% increase in returns based on the current median price in BOURKE.
BOURKE, 2840 ranks 342nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1379th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||34.5%||N/A|
|Median 3 years||-12.66%||N/A|
|Median 5 years||-1.82%||N/A|
|10 years average annual||4.88%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||182.3 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|