How to win the battle of control with the banks
Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
Property investments in MOUNT MORGAN fare well against the rest of the country last year, registering a median home price increase of 20.59%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MOUNT MORGAN, 4714 saw average decrease in the long term.
Real estate investors could earn a rental income of $205 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 94.9 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $102,500.
MOUNT MORGAN ranks 11th on the list of best yielding suburbs for rental properties in QLD, posting a 10.4% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $102,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.82% | N/A |
| Median 12 month | 20.59% | N/A |
| Median 3 years | -2.38% | N/A |
| Median 5 years | -10.87% | N/A |
| 10 years average annual | -3.05% | N/A |
| Weekly media advert. rent | $205 | N/A |
| Time on Market | 94.9 days | N/A |
| Gross Rental Yield Percent | 10.4% | N/A |
Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
Melbourne’s stage 4 restrictions have been weighing heavily on the national economy following the recent COVID-19 outbreak around the worl...
While the Sunshine State has closed its borders to travelers from other states due to the escalation of the COVID-19 pandemic, Archers the S...
It’s been an interesting week from an economic standpoint, with COVID-19 placing even more pressure on the Aussie market: Here are the big...
Property listing prices across NSW and Victoria are trending downwards, with new research showing more and more discounts are on offer acro...
Despite an economic downturn brought about by the COVID-19 outbreak, Aussie seller satisfaction continues to increase nationwide – an indi...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment