APRA leaves door open to new lending curbs
The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against...
A steady increase in median property prices over a five-year period in the suburb translates to a 12.22% capital gain.
Property investors in BALD HILLS enjoyed capital gains of 1.69% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $450,000.
Profits due to an upward trend in home prices there averaged 4.07% per annum over a 3-year period.
Home owners selling their properties and realtors in BALD HILLS usually have to wait an average of 46.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $405 mark, reflecting a 4.68% increase in returns based on the current median price in BALD HILLS.
BALD HILLS, 4036 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 1.69% | N/A |
| Median 3 years | 12.22% | N/A |
| Median 5 years | 22.62% | N/A |
| 10 years average annual | 2.06% | N/A |
| Weekly media advert. rent | $405 | N/A |
| Time on Market | 46.4 days | N/A |
| Gross Rental Yield Percent | 4.68% | N/A |
The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against...
With housing now seen as the ultimate status of wealth, Australia is in for an outpour of new investors looking to add to their property por...
The May federal election hurt the property market, with larger regions outside of the Australian capitals having sales volumes fall by nearl...
The corporate regulator has used its product intervention powers to prohibit a model of short-term lending, which, it has found, causes “s...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Brisbane, along with Melbourne, has recently replaced Sydney as the “bell of the property ball”. Find out how investors can maximise wea...
Get notifications in real-time for staying up to date with content that matters to you.