Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
ACACIA RIDGE, 4110 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in QLD have risen as a whole, pulling ACACIA RIDGE, 4110 values up and netting property investors a capital gain of 3.8% for the past year.
Investors saw the median home price rise to $410,000.
Profits due to an upward trend in home prices in the suburb averaged 0.41% per annum over a 3-year period.
ACACIA RIDGE now ranks at the 281st 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 high, 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 63.1 days.
In 2016, 80 properties were sold in ACACIA RIDGE during the past year, making it the 89th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $410,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.27% | N/A |
| Median 12 month | 3.8% | N/A |
| Median 3 years | 1.23% | N/A |
| Median 5 years | 13.26% | N/A |
| 10 years average annual | 2.16% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 63.1 days | N/A |
| Gross Rental Yield Percent | 4.57% | N/A |
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...
Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...
2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Get notifications in real-time for staying up to date with content that matters to you.
