Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
The suburb 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 $330,475.
Profits due to an downward trend in home prices there averaged -0.45% per annum over a 3-year period.
Home owners selling their properties and realtors in NIKENBAH usually have to wait an average of 116.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 5.51% increase in returns based on the current median price in NIKENBAH.
NIKENBAH, 4655 places 802nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $330,475 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -13.03% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | -1.35% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 116.0 days | N/A |
| Gross Rental Yield Percent | 5.51% | N/A |
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