How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
The suburb’s capital gain of -4.9% for the past year is lower than average compared to its 17.94% growth within a five-year period.
Also in SEMAPHORE SOUTH, the median home price is sitting at $616,250, and the average rent at $440, this suggests property owners could potentially earn a 3.71% increase in gross rental yield.
Property investors have seen a 11.04% gain in SEMAPHORE SOUTH based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.74% growth over a ten-year period. It ranks 3353rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $616,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.04% | N/A |
| Median 12 month | -4.9% | N/A |
| Median 3 years | 3.57% | N/A |
| Median 5 years | 17.94% | N/A |
| 10 years average annual | 1.74% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.71% | N/A |
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