Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
The suburb’s capital gain of 3.39% for the past year is higher than average compared to its 6.13% growth within a five-year period.
Also in ELLIOTT HEADS, the median home price is sitting at $320,500, and the average rent at $280, this suggests property owners could potentially earn a 4.54% increase in gross rental yield.
Property investors have seen a -12.19% drop in ELLIOTT HEADS based on a decrease 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 1.33% growth over a ten-year period. It ranks 3421st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $320,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -12.19% | N/A |
| Median 12 month | 3.39% | N/A |
| Median 3 years | 15.39% | N/A |
| Median 5 years | 6.13% | N/A |
| 10 years average annual | 1.33% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 83.8 days | N/A |
| Gross Rental Yield Percent | 4.54% | N/A |
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