‘Ludicrous’ costs to investors slammed as regulator cops heat
Recent missteps and decisions by Fair Trading have raised serious questions about the effectiveness of the regulator, according to a real es...
A steady increase in median property prices over a five-year period in the suburb translates to a 16.58% capital gain.
It 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 $536,250
The augmented property values in the suburb are trailing above the territorial average of 2.4% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $420.
Home owners selling their properties and realtors in MURRUMBA DOWNS usually have to wait an average of 65.7 days days before their assets are lifted off the market.
The QLD suburb ranks 562nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.07% return.
It also places places 195th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $536,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.67% | N/A |
| Median 12 month | 7.9% | N/A |
| Median 3 years | 16.58% | N/A |
| Median 5 years | 26.18% | N/A |
| 10 years average annual | 2.84% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 65.7 days | N/A |
| Gross Rental Yield Percent | 4.07% | N/A |
Recent missteps and decisions by Fair Trading have raised serious questions about the effectiveness of the regulator, according to a real es...
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
An organisation representing 189 countries has analysed the Australian market, finding that softening prices are a necessary and welcome m...
When you’ve been in the real estate investment game for a while, you’ll hear the same pieces of simplified advice come up time and again...
After purchasing properties under the National Rental Affordability Scheme (NRAS), investor Redom Syed decided to start delving into long-te...
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...