Why it pays to have a principal and interest loan
Owner-occupiers who are paying principal and interest on their mortgage are being rewarded by the financial institutions with a lower intere...
Property investors enjoyed capital gains of 1.6% over the last 12 months in NEW AUCKLAND, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -1.4% decrease over a ten-year period. It ranks 4018th on our list of suburbs that property investors should look into.
NEW AUCKLAND, 4680 has a capital gain of 1.6% for the past year, which is higher than average compared to its -16.99% growth within a five-year period.
With the median home price in NEW AUCKLAND sitting at $317,500, and the average rent at $290, property owners could potentially earn a 4.75% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NEW AUCKLAND are high, as opposed to average gains per annum over the past five years.
NEW AUCKLAND, 4680 in QLD belongs to the local government area of Gladstone (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.6%||N/A|
|Median 3 years||-6.2%||N/A|
|Median 5 years||-16.99%||N/A|
|10 years average annual||-1.4%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||84.0 days||N/A|
|Gross Rental Yield Percent||4.75%||N/A|
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