Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
BLACK RIVER, 4818 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 $450,000.
Profits due to an upward trend in home prices in the suburb averaged 8.33% per annum over a 3-year period.
BLACK RIVER now ranks at the 428th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in BLACK RIVER are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BLACK RIVER, homes and units usually stay on listing for an average of 84.2 days.
In 2016, 18 properties were sold in BLACK RIVER during the past year, making it the 627th most active market in QLD based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||25%||N/A|
|Median 5 years||16.13%||N/A|
|10 years average annual||-1.44%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||84.2 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...
Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...
2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...