Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.77% growth over a ten-year period. It ranks 2538th on our list of suburbs that property investors should look into.
MERMAID WATERS, 4218 has a capital gain of -2% for the past year, which is lower than average compared to its 38.31% growth within a five-year period.
With the median home price in MERMAID WATERS sitting at $857,500, and the average rent at $720, property owners could potentially earn a 4.37% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MERMAID WATERS are low, as opposed to average gains per annum over the past five years.
MERMAID WATERS, 4218 in QLD belongs to the local government area of Gold Coast.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $857,500 | $395,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.44% | 1.28% |
| Median 12 month | -2% | -1.25% |
| Median 3 years | 17.26% | 23.44% |
| Median 5 years | 38.31% | 36.21% |
| 10 years average annual | 2.77% | 2.3% |
| Weekly media advert. rent | $720 | $420 |
| Time on Market | 64.9 days | 55.9 days |
| Gross Rental Yield Percent | 4.37% | 5.53% |
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but thereâ...
More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...
While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...