ATO lends support to flood-affected property owners
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Property investors enjoyed capital gains of 28.83% over the last 12 months in WALLOON, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in WALLOON are high, as opposed to average gains per annum over the past five years.
The suburb posted a 6.23% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
On average, rents on listings have reached the $370 mark, reflecting a 4.74% increase in returns based on the current median price in WALLOON.
WALLOON, 4306 ranks 11th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 398th on the list of best yielding suburbs for rental properties in QLD, posting a 4.74% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.83%||N/A|
|Median 3 years||6.23%||N/A|
|Median 5 years||8.22%||N/A|
|10 years average annual||2.22%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||99.1 days||N/A|
|Gross Rental Yield Percent||4.74%||N/A|
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Almost a third of young Aussies are looking to enter the property market in the next five years, but they are missing some vital steps in th...
The government has released the draft code of conduct by NSW Fair Trading for short-term rental accommodation in NSW, which investors using ...
In NSW, 21 people die each year as a result of fires at home, prompting Fire and Rescue NSW to push for more mandatory safety provisions. ...
A leading economic forecaster has explained that interest rates could come back to bite us when they finally return to normal levels, and ha...