Big opportunities for property investors in 2019, expert tips
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
The suburb’s capital gain of -0.53% for the past year is lower than average compared to its 33% growth within a five-year period.
Also in PAYNEHAM SOUTH, the median home price is sitting at $731,500, and the average rent at $397.5, this suggests property owners could potentially earn a 2.83% increase in gross rental yield.
Property investors have seen a 3.03% gain in PAYNEHAM 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 5.56% growth over a ten-year period. It ranks 1412th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $731,500 | $368,125 |
| GROWTH REPORT | ||
| Median Quarterly | 3.03% | N/A |
| Median 12 month | -0.53% | 2.26% |
| Median 3 years | 26.01% | 0.86% |
| Median 5 years | 33% | 19.42% |
| 10 years average annual | 5.56% | 3.92% |
| Weekly media advert. rent | $397.5 | $310 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.83% | 4.38% |
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