How this investor is paving the way
An avid investor has his eyes on the prize, embarking on a goal to turn his efforts into supporting a big cause. ...
Property investors in MOOROOBOOL enjoyed capital gains of 0.35% 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 $361,250.
Profits due to an upward trend in home prices there averaged 0.12% per annum over a 3-year period.
Home owners selling their properties and realtors in MOOROOBOOL usually have to wait an average of 78.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $405 mark, reflecting a 5.83% increase in returns based on the current median price in MOOROOBOOL.
MOOROOBOOL, 4870 places 226th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $361,250 | $197,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.21% | 1.8% |
| Median 12 month | 0.35% | 0% |
| Median 3 years | 0.35% | -14.13% |
| Median 5 years | -7.96% | -7.28% |
| 10 years average annual | 0.37% | -0.32% |
| Weekly media advert. rent | $405 | $320 |
| Time on Market | 78.6 days | 103.0 days |
| Gross Rental Yield Percent | 5.83% | 8.43% |
An avid investor has his eyes on the prize, embarking on a goal to turn his efforts into supporting a big cause. ...
Cveta Kolarovski has shared how the Newcastle and Port Stephens markets have seen unprecedented demand amid the COVID-19 outbreak. ...
An elevated commercial property search experience is coming to users, with the launch of a new online portal that hopes to better connect in...
While understanding what’s driving markets is integral in maintaining a successful property portfolio, it is often the most complex part o...
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment