Migration cut plans set to impact property market
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Property investments in KALLANGUR did not fare well against the rest of the country last year, registering a median home price decrease of 4.22%.
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 $375 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 40.6 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 $395,000.
KALLANGUR ranks 277th on the list of best yielding suburbs for rental properties in QLD, posting a 4.94% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.64% | -3.33% |
| Median 12 month | 4.22% | -4.92% |
| Median 3 years | 11.83% | -9.38% |
| Median 5 years | 23.44% | -2.52% |
| 10 years average annual | 1.73% | -0.01% |
| Weekly media advert. rent | $375 | $320 |
| Time on Market | 40.6 days | 83.5 days |
| Gross Rental Yield Percent | 4.94% | 5.74% |
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to on...
One of the big four banks has released its price predictions for the year ahead, on the basis of patterns and data from buyers in 2018. ...
Property investors often gravitate towards the bigger markets of Sydney and Melbourne, but one industry boss has expressed "grave concerns" ...
Many property investors are finding it hard to capitalise on the current market due to the tightening of the lending environment across Aust...
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...