What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
Property investments in KALLANGUR fare well against the rest of the country last year, registering a median home price increase of -1.75%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains KALLANGUR, 4503 saw average growth in the long term.
Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 48.9 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $393,000.
KALLANGUR ranks 322nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.03% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $393,000 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.63% | -0.8% |
| Median 12 month | -1.75% | 0% |
| Median 3 years | 7.08% | -5.54% |
| Median 5 years | 14.91% | -12.52% |
| 10 years average annual | 1.24% | -1.18% |
| Weekly media advert. rent | $380 | $325 |
| Time on Market | 48.9 days | 85.1 days |
| Gross Rental Yield Percent | 5.03% | 5.83% |
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The latest data from CoreLogic has depicted a strong finish for December when it comes to homes going under the hammer. ...
Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines i...
While the 2019 calendar year was lacklustre for the Perth property market, Momentum Wealth believes that the Western Australia capital is pr...
Hobart has come out on top in new data analysis that also showed that nationwide, almost nine out of 10 property resales over the September ...
Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...
Get notifications in real-time for staying up to date with content that matters to you.