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...
Figures from the previous quarter show that capital gains for real estate buyers in SUMNER are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
On average, rents on listings have reached the $440 mark, reflecting a 4.6% increase in returns based on the current median price in SUMNER.
While it ranks 400th on the list of best yielding suburbs for rental properties in QLD, posting a 4.6% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $497,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.09% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 5.41% | N/A |
| Median 5 years | 19.76% | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.6% | N/A |
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