Tenants get more power in NSW after new legislation passes
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
Figures from the previous quarter show that capital gains for real estate buyers in EIGHT MILE PLAINS 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 $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 3.4% increase in returns based on the current median price in EIGHT MILE PLAINS.
EIGHT MILE PLAINS, 4113 ranks 730th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 666th on the list of best yielding suburbs for rental properties in QLD, posting a 3.4% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $765,000 | $392,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.07% | -6.67% |
| Median 12 month | -5.38% | -4.39% |
| Median 3 years | 8.51% | -8.84% |
| Median 5 years | 31.9% | 4.53% |
| 10 years average annual | 4.11% | 1.05% |
| Weekly media advert. rent | $500 | $425 |
| Time on Market | 58.3 days | 72.5 days |
| Gross Rental Yield Percent | 3.4% | 5.64% |
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
New sales data shows that regional areas are outpacing capital cities in clearing properties for sale, against a backdrop of a softening mar...
Buying interstate may seem like a daunting task for many. If I can’t drive to the property, then I can’t invest my hard-earned money the...
We’re always looking to refine our portfolio and make sure it has the best cash flow position as much as possible, and a threat to that is...
Investors aiming to buy low might be doing their portfolio more harm than good if growth is their goal, according to one property commentato...
By 2020, around 200,000 interest-only loans worth over $480 billion will expire and reset to principal-and-interest loans. In the tightening...