The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
Â
Â
A steady increase in median property prices over a five-year period in the suburb translates to a 15% capital gain.
Property investors in HOLLYWELL enjoyed capital gains of 5.28% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $747,500.
Profits due to an upward trend in home prices there averaged 5% per annum over a 3-year period.
Home owners selling their properties and realtors in HOLLYWELL usually have to wait an average of 62.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $622.5 mark, reflecting a 4.33% increase in returns based on the current median price in HOLLYWELL.
HOLLYWELL, 4216 places 688th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $747,500 | $720,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.67% | -4% |
| Median 12 month | 5.28% | 2.86% |
| Median 3 years | 15% | 20.2% |
| Median 5 years | 38.43% | 16.04% |
| 10 years average annual | 3.84% | 0.93% |
| Weekly media advert. rent | $622.5 | $570 |
| Time on Market | 62.6 days | 120.6 days |
| Gross Rental Yield Percent | 4.33% | 4.12% |
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...
Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...
Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...
Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...
Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...
Get notifications in real-time for staying up to date with content that matters to you.