Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Figures from the previous quarter show that capital gains for real estate buyers in PROSERPINE are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
On average, rents on listings have reached the $350 mark, reflecting a 6.62% increase in returns based on the current median price in PROSERPINE.
PROSERPINE, 4800 ranks 724th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 45th on the list of best yielding suburbs for rental properties in QLD, posting a 6.62% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $275,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.85% | N/A |
| Median 12 month | -5.17% | N/A |
| Median 3 years | 10% | N/A |
| Median 5 years | -17.29% | N/A |
| 10 years average annual | -1.5% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 116.0 days | N/A |
| Gross Rental Yield Percent | 6.62% | N/A |
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
New data has revealed the suburbs that experienced the highest negative growth over 2018. ...
The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...
Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...
Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...