Hot Property: The biggest stories this week
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
The suburb’s capital gain of 1.3% for the past year is lower than average compared to its 16.89% growth within a five-year period.
Also in SIPPY DOWNS, the median home price is sitting at $526,000, and the average rent at $490, this suggests property owners could potentially earn a 4.84% increase in gross rental yield.
Property investors have seen a 0.38% gain in SIPPY DOWNS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.89% growth over a ten-year period. It ranks 3027th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $526,000 | $260,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.38% | 0% |
| Median 12 month | 1.3% | -3.35% |
| Median 3 years | 9.36% | -27.78% |
| Median 5 years | 16.89% | -27.76% |
| 10 years average annual | 1.89% | 4.56% |
| Weekly media advert. rent | $490 | $360 |
| Time on Market | 48.2 days | 0.0 days |
| Gross Rental Yield Percent | 4.84% | 7.2% |
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
Despite facing lockdowns and an election, New Zealand property is moving from strength to strength, with a researcher tipping the Australian...
Housing affordability will continue to improve moderately over the next 12 months because of low mortgage interest rates and lower housing p...
Queensland has started recovering from the effects of the COVID-19 pandemic, with the regional rental markets leading the charge. ...
The race that stops the nation won’t be stopping a large number of homes from going under the hammer in Victoria this week. ...
A keen property investor has spoken out about how his purchase in the Hobart market kicked off the start of a successful portfolio. ...
Get notifications in real-time for staying up to date with content that matters to you.
