Boosting Housing Supply Critical To Warding Off Further Price Growth: NAB
NAB’s Ross McEwan fronted the economics committee on Friday and called on the government to enact “decisive moves”...
Property investors have seen a -1.41% drop in EDMONTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EDMONTON, 4869 saw average growth 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 $350,000
Profits averaged 0.48% per annum over a 3-year period, due to an upward trend in home prices in EDMONTON, 4869.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
The gross rental yield in EDMONTON, 4869 is 6.09%.
An average of 15.75 real estate transactions take place per month in EDMONTON which translates to 189 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||1.45%||64.54%|
|Median 5 years||2.94%||26.05%|
|10 years average annual||0.84%||6.89%|
|Weekly media advert. rent||$410||$280|
|Time on Market||57.0 days||0.0 days|
|Gross Rental Yield Percent||6.09%||6.28%|