Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
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 |
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...
An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...
The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...
Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...
In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...