
Sydney, Melbourne boast highest capital city sales
After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...
It 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 $650,000
The augmented property values in the suburb are trailing above the territorial average of 4.61% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $480.
Home owners selling their properties and realtors in CANNON VALLEY usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The QLD suburb ranks 587th on the list of best yielding suburbs for rental properties in QLD, posting a 3.84% return.
It also places places 181st in Australia based on median property value growth during the quarter.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $650,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 4.84% | N/A |
Median 12 month | 9.24% | N/A |
Median 3 years | 39.48% | N/A |
Median 5 years | -0.93% | N/A |
10 years average annual | 2.14% | N/A |
Weekly media advert. rent | $480 | N/A |
Time on Market | 0.0 days | N/A |
Gross Rental Yield Percent | 3.84% | N/A |
After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...
The construction of new homes in Australia is forecast to “get worse before it gets better”, according to Deloitte Access Economics, b...
Sydney’s inner ring continued to attract tenants in December as the end of 2020 brought more stability to the rental accommodation market ...
Despite suffering its first recession in almost 30 years, Australian property markets remained remarkably resilient in the face of a global ...
For the first time, Metropolitan Melbourne house values have surpassed a median price of $900,000. ...
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...