Can investors get a home in Sydney for under $500k?
Investors who are concerned they will be priced out of Sydney are being advised to look a little further out, with Sydney’s surrounding su...
Subscribe to our newsletter
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.21% growth over a ten-year period. It ranks 3722nd on our list of suburbs that property investors should look into.
LABRADOR, 4215 has a capital gain of -2.82% for the past year, which is lower than average compared to its -4.23% growth within a five-year period.
With the median home price in LABRADOR sitting at $430,000, and the average rent at $430, property owners could potentially earn a 5.2% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LABRADOR are low, as opposed to average gains per annum over the past five years.
LABRADOR, 4215 in QLD belongs to the local government area of Gold Coast (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $430,000 | $345,000 |
| GROWTH REPORT | ||
| Median Quarterly | -6.09% | 0% |
| Median 12 month | -2.82% | -1.43% |
| Median 3 years | -9.62% | -1.43% |
| Median 5 years | -4.23% | 0% |
| 10 years average annual | 0.21% | 0.93% |
| Weekly media advert. rent | $430 | $390 |
| Time on Market | 68.0 days | 91.3 days |
| Gross Rental Yield Percent | 5.2% | 5.88% |
Investors who are concerned they will be priced out of Sydney are being advised to look a little further out, with Sydney’s surrounding su...
The deadline for the mandatory registration of private pools and spas in Victoria has been extended due to the coronavirus pandemic. ...
Why Australians could be given $50,000, how to terminate a tenancy, and the need for a stamp duty plan: Here are some of the biggest stories...
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Landlords who are providing their tenants with rent relief during the COVID-19 crisis are now able to apply for land tax concessions. ...
More than half of Australian investors expect property prices to tumble over the next 12 months, a new survey has revealed. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
