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. ...
Property investors enjoyed capital gains of 2.62% over the last 12 months in CLEARVIEW, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 2.99% growth over a ten-year period. It ranks 2496th on our list of suburbs that property investors should look into.
CLEARVIEW, 5085 has a capital gain of 2.62% for the past year, which is lower than average compared to its 22.22% growth within a five-year period.
With the median home price in CLEARVIEW sitting at $440,000, and the average rent at $355, property owners could potentially earn a 4.2% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CLEARVIEW are low, as opposed to average gains per annum over the past five years.
CLEARVIEW, 5085 in SA belongs to the local government area of Port Adelaide Enfield (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $440,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.26% | N/A |
| Median 12 month | 2.62% | N/A |
| Median 3 years | 15.49% | N/A |
| Median 5 years | 22.22% | N/A |
| 10 years average annual | 2.99% | N/A |
| Weekly media advert. rent | $355 | N/A |
| Time on Market | 87.8 days | N/A |
| Gross Rental Yield Percent | 4.2% | N/A |
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