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...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $306,500.
The downward trend in home prices in COOKTOWN, 4895 averaged -4.95% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in COOKTOWN.
An average of 2.83 real estate transactions take place per month in COOKTOWN which translates to 34 per annum.
34 properties were sold in COOKTOWN in 2016, making it the 376th most active market in QLD based on total real estate transactions.
COOKTOWN, 4895 places 505th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $306,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.16% | N/A |
| Median 12 month | -0.49% | N/A |
| Median 3 years | -14.86% | N/A |
| Median 5 years | 8.5% | N/A |
| 10 years average annual | 2.01% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 124.4 days | N/A |
| Gross Rental Yield Percent | N/A | 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.
