Using your home equity to finance the purchase of an investment property
Did you know you can use the equity in your house to help finance the purchase of an investment property? ...
Based on its average 5-year and quarterly capital gains RIVER HEADS, 4655 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that RIVER HEADS, 4655 obtained a 1.15% growth over a ten-year period. It ranks 3373rd on our list of suburbs that property investors should look into.
RIVER HEADS, 4655 in QLD belongs to the local government area of Fraser Coast (R).
RIVER HEADS, 4655 has a capital gain of 11.94% for the past year, which is higher than average compared to its 7.14% growth within a five-year period.
With the median home price in RIVER HEADS sitting at $375,000, and the average rent at $350, property owners could potentially earn a 4.85% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in RIVER HEADS are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $375,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.67% | N/A |
| Median 12 month | 11.94% | N/A |
| Median 3 years | 14.16% | N/A |
| Median 5 years | 7.14% | N/A |
| 10 years average annual | 1.15% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 151.7 days | N/A |
| Gross Rental Yield Percent | 4.85% | N/A |
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