Vacancy rates hold steady
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
The suburb’s capital gain of -7.46% for the past year is lower than average compared to its -0.12% growth within a five-year period.
Also in HOVE, the median home price is sitting at $620,000, and the average rent at $465, this suggests property owners could potentially earn a 3.9% increase in gross rental yield.
Property investors have seen a -2.67% drop in HOVE based on a decrease 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 2.23% growth over a ten-year period. It ranks 2780th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | $465,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.67% | 7.51% |
| Median 12 month | -7.46% | 19.61% |
| Median 3 years | -2.36% | 21.57% |
| Median 5 years | -0.12% | 34.78% |
| 10 years average annual | 2.23% | 4.97% |
| Weekly media advert. rent | $465 | $330 |
| Time on Market | 72.2 days | 0.0 days |
| Gross Rental Yield Percent | 3.9% | 3.69% |
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...
As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...
New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...
Keen buyers are urged to be cautious before jumping in to the First Home Loan Deposit Scheme. ...
The latter half of the year is set to see less than desirable conditions in some cities, despite outlook being stronger than it was a few w...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
