Fresh tax crackdown captures short-term rental platforms
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
A steady increase in median property prices over a five-year period in the suburb translates to a 3.13% capital gain.
Property investors in BIGGERA WATERS enjoyed capital gains of 3.13% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb 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 $660,000.
Profits due to an upward trend in home prices there averaged 1.04% per annum over a 3-year period.
Home owners selling their properties and realtors in BIGGERA WATERS usually have to wait an average of 76.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $530 mark, reflecting a 4.18% increase in returns based on the current median price in BIGGERA WATERS.
BIGGERA WATERS, 4216 places 237th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | $410,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.17% | -8.69% |
| Median 12 month | 3.13% | -11.35% |
| Median 3 years | 3.13% | -2.96% |
| Median 5 years | 34.69% | 22.39% |
| 10 years average annual | 3.97% | 3.05% |
| Weekly media advert. rent | $530 | $420 |
| Time on Market | 76.2 days | 93.2 days |
| Gross Rental Yield Percent | 4.18% | 5.33% |
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...
Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...
Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...
Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...