‘Ludicrous’ costs to investors slammed as regulator cops heat
Recent missteps and decisions by Fair Trading have raised serious questions about the effectiveness of the regulator, according to a real es...
Property investors have seen a 6.34% gain in PORT DOUGLAS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PORT DOUGLAS, 4877 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 $595,500
Profits averaged 3.43% per annum over a 3-year period, due to an upward trend in home prices in PORT DOUGLAS, 4877.
This means, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
The gross rental yield in PORT DOUGLAS, 4877 is 4.32%.
An average of 3.5 real estate transactions take place per month in PORT DOUGLAS which translates to 42 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $595,500 | $231,500 |
| GROWTH REPORT | ||
| Median Quarterly | 6.34% | -2.11% |
| Median 12 month | 1.88% | -8.68% |
| Median 3 years | 10.28% | 6.44% |
| Median 5 years | 31.75% | 5.23% |
| 10 years average annual | 0.5% | -1.38% |
| Weekly media advert. rent | $495 | $340 |
| Time on Market | 120.0 days | 120.7 days |
| Gross Rental Yield Percent | 4.32% | 7.64% |
Recent missteps and decisions by Fair Trading have raised serious questions about the effectiveness of the regulator, according to a real es...
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
An organisation representing 189 countries has analysed the Australian market, finding that softening prices are a necessary and welcome m...
When you’ve been in the real estate investment game for a while, you’ll hear the same pieces of simplified advice come up time and again...
After purchasing properties under the National Rental Affordability Scheme (NRAS), investor Redom Syed decided to start delving into long-te...
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...