Why Turning To Accountants To Shore Up Rental Applications Could Be Problematic
Accountants are increasingly being pressured to provide capacity to repay statements, as real estate agents and landlord...
Property investors have seen a -11.43% drop in KATHERINE EAST based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KATHERINE EAST, 850 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 $310,000
Profits averaged -1.04% per annum over a 3-year period, due to an downward trend in home prices in KATHERINE EAST, 850.
This means, real estate investors could earn a rental income of $465 based on current median home prices for the suburb.
The gross rental yield in KATHERINE EAST, 850 is 7.8%.
An average of 2.67 real estate transactions take place per month in KATHERINE EAST which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.06%||N/A|
|Median 3 years||-3.13%||N/A|
|Median 5 years||47.62%||N/A|
|10 years average annual||2.12%||N/A|
|Weekly media advert. rent||$465||N/A|
|Time on Market||134.2 days||N/A|
|Gross Rental Yield Percent||7.8%||N/A|