Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
ACACIA RIDGE, 4110 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 $400,000.
Profits due to an upward trend in home prices in the suburb averaged 2.92% per annum over a 3-year period.
ACACIA RIDGE now ranks at the 600th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ACACIA RIDGE are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $360 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ACACIA RIDGE, homes and units usually stay on listing for an average of 42.8 days.
In 2016, 113 properties were sold in ACACIA RIDGE during the past year, making it the 833rd most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.96% | N/A |
| Median 12 month | -1.96% | N/A |
| Median 3 years | 8.77% | N/A |
| Median 5 years | 30.72% | N/A |
| 10 years average annual | 2.14% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 42.8 days | N/A |
| Gross Rental Yield Percent | 4.68% | N/A |
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Research from one of Australia’s largest housing building associations has modelled the impact of capital gains tax (CGT) and negative ge...
Investors have no doubt found it difficult to navigate the lending landscape at the moment, so one broker shares a tip on how investors can ...
Despite the softening of the Sydney property market, experts believe that the capital city continues to hold wealth-creation opportunities f...
A new report has found that despite Melbourne’s history of being known as the world’s most liveable city for numerous years, Australia...
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...