Boosting Housing Supply Critical To Warding Off Further Price Growth: NAB
NAB’s Ross McEwan fronted the economics committee on Friday and called on the government to enact “decisive moves”...
Property investors have seen a 7.04% gain in MUIRHEAD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUIRHEAD, 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 $669,000
Profits averaged 2.93% per annum over a 3-year period, due to an upward trend in home prices in MUIRHEAD, 810.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in MUIRHEAD, 810 is 4.66%.
An average of 2.67 real estate transactions take place per month in MUIRHEAD which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.78%||N/A|
|Median 3 years||8.78%||N/A|
|Median 5 years||-12.26%||N/A|
|10 years average annual||-1.98%||N/A|
|Weekly media advert. rent||$600||N/A|
|Time on Market||69.4 days||N/A|
|Gross Rental Yield Percent||4.66%||N/A|