Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
Property investors have seen a -7% drop in RASMUSSEN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RASMUSSEN, 4815 saw average decrease in the long term.
The QLD 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 $232,500
Profits averaged -13.2% per annum over a 3-year period, due to an downward trend in home prices in RASMUSSEN, 4815.
This means, real estate investors could earn a rental income of $295 based on current median home prices for the suburb.
The gross rental yield in RASMUSSEN, 4815 is 6.6%.
An average of 4.5 real estate transactions take place per month in RASMUSSEN which translates to 54 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $232,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7% | N/A |
| Median 12 month | -24.76% | N/A |
| Median 3 years | -39.61% | N/A |
| Median 5 years | -24.14% | N/A |
| 10 years average annual | -1.71% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 91.0 days | N/A |
| Gross Rental Yield Percent | 6.6% | N/A |
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