How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
Property investors enjoyed capital gains of 6.49% over the last 12 months in BALMORAL, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.37% growth over a ten-year period. It ranks 1835th on our list of suburbs that property investors should look into.
BALMORAL, 4171 has a capital gain of 6.49% for the past year, which is higher than average compared to its 19.32% growth within a five-year period.
With the median home price in BALMORAL sitting at $1,050,000, and the average rent at $650, property owners could potentially earn a 3.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BALMORAL are low, as opposed to average gains per annum over the past five years.
BALMORAL, 4171 in QLD belongs to the local government area of Brisbane (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.49%||-6.23%|
|Median 3 years||9.38%||-11.32%|
|Median 5 years||19.32%||-1.1%|
|10 years average annual||4.37%||1.52%|
|Weekly media advert. rent||$650||$447.5|
|Time on Market||73.3 days||111.9 days|
|Gross Rental Yield Percent||3.22%||4.95%|
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...
With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...
Australian landlords and tenants could be treated differently during COVID-19 depending on their location in Australia, it’s been revealed...
The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...
New research has highlighted how the nation’s rural markets are performing amid the coronavirus pandemic. ...