‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Based on its average 5-year and quarterly capital gains VARSITY LAKES, 4227 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that VARSITY LAKES, 4227 obtained a 2.44% growth over a ten-year period. It ranks 2710th on our list of suburbs that property investors should look into.
VARSITY LAKES, 4227 in QLD belongs to the local government area of Gold Coast.
VARSITY LAKES, 4227 has a capital gain of 0.81% for the past year, which is lower than average compared to its 33.33% growth within a five-year period.
With the median home price in VARSITY LAKES sitting at $620,000, and the average rent at $560, property owners could potentially earn a 4.7% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in VARSITY LAKES are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | $447,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0% |
| Median 12 month | 0.81% | -0.45% |
| Median 3 years | 14.5% | 12.03% |
| Median 5 years | 33.33% | 24.17% |
| 10 years average annual | 2.44% | 1.55% |
| Weekly media advert. rent | $560 | $470 |
| Time on Market | 52.7 days | 71.7 days |
| Gross Rental Yield Percent | 4.7% | 5.47% |
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Values across major capital city markets remained largely steady or in decline last week, but one capital recorded an overall rise in house ...
Both NSW and Queensland have deadlines fast approaching relating to proper use of building materials, with penalties for non- compliance rea...
The head of a mortgage broker aggregator has spoken out against the banking royal commission final report, claiming if the recommendations o...
Despite the softening of property markets across Australia, Real Estate Business’ Tim Neary said that the best real estate agents are ‘s...
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...