Changes in apartment markets continue throughout September
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
A steady increase in median property prices over a five-year period in the suburb translates to a 17.48% capital gain.
It also 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 $628,500
The augmented property values in the suburb are trailing above the territorial average of 2.4% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $465.
Home owners selling their properties and realtors in DREWVALE usually have to wait an average of 69.0 days days before their assets are lifted off the market.
The QLD suburb ranks 604th on the list of best yielding suburbs for rental properties in QLD, posting a 3.85% return.
It also places places 221st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $628,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.36% | N/A |
| Median 12 month | 4.32% | N/A |
| Median 3 years | 17.48% | N/A |
| Median 5 years | 34.04% | N/A |
| 10 years average annual | 3.94% | N/A |
| Weekly media advert. rent | $465 | N/A |
| Time on Market | 69.0 days | N/A |
| Gross Rental Yield Percent | 3.85% | N/A |
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...
The increasingly popular trend of short-term letting is having an impact on some of Sydney's visitor and investor favourites, and local auct...
APRA's restrictions on the financing market will have a lasting impact on investors and property values if the federal government doesn't in...
Commercial property investment is a strategy that works but far too many people attempt it too early. The truth of the matter is that it i...
Despite doom-and-gloom headlines that warn against a looming crash in the property market, smart property investors are neither fearful nor ...