Using your home equity to finance the purchase of an investment property
Did you know you can use the equity in your house to help finance the purchase of an investment property? ...
Property investors have seen a -1.16% drop in GATTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GATTON, 4343 saw average growth in the long term.
The QLD 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 $275,750
Profits averaged 1.82% per annum over a 3-year period, due to an upward trend in home prices in GATTON, 4343.
This means, real estate investors could earn a rental income of $307.5 based on current median home prices for the suburb.
The gross rental yield in GATTON, 4343 is 5.8%.
An average of 7.92 real estate transactions take place per month in GATTON which translates to 95 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $275,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.16% | N/A |
| Median 12 month | 0.27% | N/A |
| Median 3 years | 5.45% | N/A |
| Median 5 years | 6.06% | N/A |
| 10 years average annual | -0.29% | N/A |
| Weekly media advert. rent | $307.5 | N/A |
| Time on Market | 114.7 days | N/A |
| Gross Rental Yield Percent | 5.8% | N/A |
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