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...
A steady increase in median property prices over a five-year period in the suburb translates to a 13.41% capital gain.
Property investors in GORDONVALE enjoyed capital gains of 6.47% 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 $370,000.
Profits due to an upward trend in home prices there averaged 4.47% per annum over a 3-year period.
Home owners selling their properties and realtors in GORDONVALE usually have to wait an average of 84.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $405 mark, reflecting a 5.69% increase in returns based on the current median price in GORDONVALE.
GORDONVALE, 4865 places 236th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $370,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.79% | N/A |
| Median 12 month | 6.47% | N/A |
| Median 3 years | 13.41% | N/A |
| Median 5 years | 8.98% | N/A |
| 10 years average annual | 1.47% | N/A |
| Weekly media advert. rent | $405 | N/A |
| Time on Market | 84.4 days | N/A |
| Gross Rental Yield Percent | 5.69% | N/A |
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
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. ...
Get notifications in real-time for staying up to date with content that matters to you.
