Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
Property investments in CASTAWAYS BEACH fare well against the rest of the country last year, registering a median home price increase of 9.56%.
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 CASTAWAYS BEACH, 4567 saw average growth in the long term.
Real estate investors could earn a rental income of $720 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 65.3 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,117,500.
CASTAWAYS BEACH ranks 720th on the list of best yielding suburbs for rental properties in QLD, posting a 3.35% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,117,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.89% | N/A |
| Median 12 month | 9.56% | N/A |
| Median 3 years | 25.77% | N/A |
| Median 5 years | 47.04% | N/A |
| 10 years average annual | 5.28% | N/A |
| Weekly media advert. rent | $720 | N/A |
| Time on Market | 65.3 days | N/A |
| Gross Rental Yield Percent | 3.35% | N/A |
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
One major bank has found a spike in confidence of a fresh group of property buyers in Australia. ...
One of the nation’s biggest lenders has adjusted its loan serviceability conditions in response to guidance from the banking regulator. ...
It seems that not a day goes by without a story in the media about apartment blocks in Sydney. Whether it be cracks, poor waterproofing or t...
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
One of the big four banks has updated its forecasts for the housing market and when it expects the downward cycle will hit its floor. ...
Get notifications in real-time for staying up to date with content that matters to you.