Big opportunities for property investors in 2019, expert tips
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
The suburb’s capital gain of 0.74% for the past year is higher than average compared to its -2.86% growth within a five-year period.
Also in RAPID CREEK, the median home price is sitting at $680,000, and the average rent at $500, this suggests property owners could potentially earn a 3.82% increase in gross rental yield.
Property investors have seen a -2.86% drop in RAPID CREEK based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.63% growth over a ten-year period. It ranks 2072nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $680,000 | $340,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.86% | N/A |
| Median 12 month | 0.74% | -14.14% |
| Median 3 years | 6.25% | -19.67% |
| Median 5 years | -2.86% | -23.6% |
| 10 years average annual | 3.63% | 2.31% |
| Weekly media advert. rent | $500 | $400 |
| Time on Market | 87.0 days | 140.1 days |
| Gross Rental Yield Percent | 3.82% | 6.12% |
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
Vacancy rates are starting to rise back after last month’s decline, new data shows. ...
Home values continued their continued decline over the last week, with the exception of one capital city holding steady, the latest data sho...
New housing supply will likely be impacted by a changing financing market for property investors, an industry boss predicts. ...
As most capital city property markets follow a downward trend, Queensland’s capital Brisbane continues to thrive through its strong local ...
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...