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 4.72% for the past year is higher than average compared to its 8.4% growth within a five-year period.
Also in CRAIGBURN FARM, the median home price is sitting at $710,000, and the average rent at $655, this suggests property owners could potentially earn a 4.8% increase in gross rental yield.
Property investors have seen a 1.07% gain in CRAIGBURN FARM 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 1.35% growth over a ten-year period. It ranks 3517th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $710,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.07% | N/A |
| Median 12 month | 4.72% | N/A |
| Median 3 years | 5.19% | N/A |
| Median 5 years | 8.4% | N/A |
| 10 years average annual | 1.35% | N/A |
| Weekly media advert. rent | $655 | N/A |
| Time on Market | 87.8 days | N/A |
| Gross Rental Yield Percent | 4.8% | N/A |
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