Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors have seen a -3.61% drop in CAMBOOYA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CAMBOOYA, 4358 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 $320,000
Profits averaged 3.45% per annum over a 3-year period, due to an upward trend in home prices in CAMBOOYA, 4358.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in CAMBOOYA, 4358 is 4.71%.
An average of 2.5 real estate transactions take place per month in CAMBOOYA which translates to 30 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $320,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.61% | N/A |
| Median 12 month | -10.36% | N/A |
| Median 3 years | 10.34% | N/A |
| Median 5 years | 8.47% | N/A |
| 10 years average annual | 2.23% | N/A |
| Weekly media advert. rent | $290 | N/A |
| Time on Market | 90.0 days | N/A |
| Gross Rental Yield Percent | 4.71% | N/A |
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Experts have warned that the NSW government’s proposed $25,000 new property tax system might drive up house prices. ...
The residential vacancy rate across Perth declined slightly in October, coinciding with a drop in new investment financing. ...
Scheduled auction volumes are expected to surge above 2,000 for the first time since April, CoreLogic has found. ...
Doom and gloom headlines filled the news as soon as COVID-19 outbreak began, and Australia ultimately headed to its first recession in over ...
In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant discuss buying in the GFC, prop...
Get notifications in real-time for staying up to date with content that matters to you.
