Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Homeowners and real estate investors betting on MOUNT PLEASANT, 4740 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.17%.
Property investors in MOUNT PLEASANT enjoyed capital gains of 12.17% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $387,000.
Profits due to an downward trend in home prices there averaged -0.04% per annum over a 3-year period.
Home owners selling their properties and realtors in MOUNT PLEASANT usually have to wait an average of 56.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $390 mark, reflecting a 5.24% increase in returns based on the current median price in MOUNT PLEASANT.
MOUNT PLEASANT, 4740 places 375th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.17%||N/A|
|Median 3 years||-0.13%||N/A|
|Median 5 years||-12.24%||N/A|
|10 years average annual||0.03%||N/A|
|Weekly media advert. rent||$390||N/A|
|Time on Market||56.9 days||N/A|
|Gross Rental Yield Percent||5.24%||N/A|
An examination of ABS data has found a rising trend of taller apartment buildings, providing an insight into what Australia’s future unit ...
New transport infrastructure spending is set to benefit one coastal suburb in Western Australia, which has been labelled one of the best sub...
Going into a market that is yet to fully recover could pose a risk, but there are strong opportunities in one recovering capital city, accor...
Experts believe that Labor’s proposal to change tax policies can cause significant impact to the property market. How can investors prepar...
The results of a new report show that Melbourne suburbs were quite prominent in the country’s top hotspots for building approvals and popu...