Property management: You get what you pay for
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
TUSMORE, 5065 ranks 1452nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.62% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $1,260,000.
The upward trend in home prices in TUSMORE, 5065 averaged 4.42% 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 TUSMORE.
An average of 1.75 real estate transactions take place per month in TUSMORE which translates to 21 per annum.
21 properties were sold in TUSMORE in 2016, making it the 316th most active market in SA based on total real estate transactions.
TUSMORE, 5065 places 326th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,260,000 | $342,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.14% | -0.44% |
| Median 12 month | 8.62% | N/A |
| Median 3 years | 13.26% | -10.3% |
| Median 5 years | 15.28% | N/A |
| 10 years average annual | 6.75% | N/A |
| Weekly media advert. rent | N/A | $320 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | N/A | 4.87% |
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
The president of the Real Estate Institute of Australia has concerns about investors who are in the current market for a quick win, and is f...
Housing affordability in key capital city markets is showing signs of life after several years of rapid deterioration, according to a nation...
While spring is traditionally when property owners treat their homes to a bit of ‘spit and polish’, it’s also an ideal time to give in...
Property lecturer and Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos shares the suburbs set to grow in each c...