PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Property investors have seen a 2.1% gain in GOODWOOD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GOODWOOD, 5034 saw average growth in the long term.
The SA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $852,500
Profits averaged 6.13% per annum over a 3-year period, due to an upward trend in home prices in GOODWOOD, 5034.
This means, real estate investors could earn a rental income of $535 based on current median home prices for the suburb.
The gross rental yield in GOODWOOD, 5034 is 3.26%.
An average of 3.25 real estate transactions take place per month in GOODWOOD which translates to 39 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.1%||19.3%|
|Median 3 years||18.4%||-12.82%|
|Median 5 years||26.2%||1.49%|
|10 years average annual||4.29%||4.81%|
|Weekly media advert. rent||$535||$332.5|
|Time on Market||72.9 days||89.8 days|
|Gross Rental Yield Percent||3.26%||5.09%|
Landlords who are providing their tenants with rent relief during the COVID-19 crisis are now able to apply for land tax concessions. ...
More than half of Australian investors expect property prices to tumble over the next 12 months, a new survey has revealed. ...
The Australian Housing and Urban Research Institute (AHURI) is undertaking several priority research projects which aim to help governments ...
With the end of financial year approaching, coupled with the current climate, two experts have shed light on the value of investors having g...
A local professional has highlighted four key trends likely to impact Australia’s real estate industry. ...