4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Property investors have seen a 0.31% gain in MILLNER based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MILLNER, 810 saw average growth in the long term.
The NT 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 $407,500
Profits averaged -7.7% per annum over a 3-year period, due to an downward trend in home prices in MILLNER, 810.
This means, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.
The gross rental yield in MILLNER, 810 is 5.42%.
An average of 1.83 real estate transactions take place per month in MILLNER which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $407,500 | $179,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.31% | -5.79% |
| Median 12 month | -8.43% | -33.7% |
| Median 3 years | -23.11% | -50.96% |
| Median 5 years | -26.18% | -53.51% |
| 10 years average annual | -2.59% | -7.8% |
| Weekly media advert. rent | $425 | $340 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 5.42% | 9.88% |
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One word: commercial. ...
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