Investing overseas for the first time: How this investor will do it
After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...
EAST SIDE, 870 ranks 1743rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.26% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $522,500.
The upward trend in home prices in EAST SIDE, 870 averaged 1.33% per annum over a 3-year period.
Average weekly rents on listings have reached the $505 mark, reflecting a 5.03% increase in returns based on the current median price in EAST SIDE.
An average of 4.25 real estate transactions take place per month in EAST SIDE which translates to 51 per annum.
51 properties were sold in EAST SIDE in 2016, making it the 7th most active market in NT based on total real estate transactions.
EAST SIDE, 870 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $522,500 | $372,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -0.67% |
| Median 12 month | 3.26% | 28.45% |
| Median 3 years | 3.98% | 37.96% |
| Median 5 years | 11.88% | 17.32% |
| 10 years average annual | 3.45% | 5.74% |
| Weekly media advert. rent | $505 | $380 |
| Time on Market | 72.1 days | 80.4 days |
| Gross Rental Yield Percent | 5.03% | 5.3% |
After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...
With the federal Coalition government winning another term, property investors will see three more years of the current government’s prope...
The banking regulator intends to revise borrower assessment guidelines, but what does this mean for investors and their portfolio? Accordin...
It could be easy to purchase a property without considering the risks or ramifications associated with flooding, particularly when real esta...
With the election now behind us, confidence is set to return to property markets as well as the economy in general. ...
2019 will be remembered as an interesting year for Australian real estate – and the period from May to July might prove the most consequen...
Get notifications in real-time for staying up to date with content that matters to you.