Win for investors as interest-only loans cap scrapped
The banking regulator is set to remove its caps on interest-only lending, a move which is tipped to open property investors to more choice o...
Property investments in CASTAWAYS BEACH did not fare well against the rest of the country last year, registering a median home price decrease of 1.58%.
Real estate investors could earn a rental income of $760 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 100.8 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 $965,000.
CASTAWAYS BEACH ranks 558th on the list of best yielding suburbs for rental properties in QLD, posting a 4.1% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $965,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 1.58% | N/A |
| Median 3 years | 29.18% | N/A |
| Median 5 years | 35.72% | N/A |
| 10 years average annual | 4.56% | N/A |
| Weekly media advert. rent | $760 | N/A |
| Time on Market | 100.8 days | N/A |
| Gross Rental Yield Percent | 4.1% | N/A |
The banking regulator is set to remove its caps on interest-only lending, a move which is tipped to open property investors to more choice o...
Fresh data has found one in five investors kickstarted their investment journeys by accident, and this number looks to be on the rise. ...
New analysis has revealed five property hotspots located around Australia's southern and eastern states for under $500,000. ...
New research has found that the national vacancy rate, as expected, saw an increase of up to to 2.3 per cent over the month of November, wit...
New home sales saw a rise during November, which has been welcomed after consecutive months of softening figures. ...
As Sydney continues to witness declines in its property market after experiencing an unprecedented boom, experts believe that opportunities ...