Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
The suburb’s capital gain of -1.75% for the past year is lower than average compared to its 22.56% growth within a five-year period.
Also in FERNY GROVE, the median home price is sitting at $589,500, and the average rent at $485, this suggests property owners could potentially earn a 4.28% increase in gross rental yield.
Property investors have seen a -2.16% drop in FERNY GROVE 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 2.92% growth over a ten-year period. It ranks 2462nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $589,500 | $392,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.16% | -0.19% |
| Median 12 month | -1.75% | -5.54% |
| Median 3 years | 12.82% | 11.49% |
| Median 5 years | 22.56% | N/A |
| 10 years average annual | 2.92% | 4.57% |
| Weekly media advert. rent | $485 | $352.5 |
| Time on Market | 38.1 days | 45.3 days |
| Gross Rental Yield Percent | 4.28% | 4.68% |
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Every aspect of Perth’s rental market over the September 2018 quarter is benefiting property investors as rental supply is down while d...
With stock levels hitting their highest point since 2012, one property researcher claims buyers “are back in the driver’s seat”. ...
Millennials are facing a unique property investment horizon compared to their predecessors. We speak to a Generation Y property educator to ...
Finding the next property markets set to boom can be as easy as looking out into their 'prime neighbours'. Find out how one expert uses only...
While acquiring finance for property has become harder due to recent lending interventions, experts believe that investors can continue to g...