What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Property investors enjoyed capital gains of 2.6% over the last 12 months in MODBURY NORTH, translating to lower returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in MODBURY NORTH are low, as opposed to average gains per annum over the past five years.
The suburb posted a 4.03% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 5.28% increase in returns based on the current median price in MODBURY NORTH.
MODBURY NORTH, 5092 ranks 203rd in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 91st on the list of best yielding suburbs for rental properties in SA, posting a 5.28% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $374,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.73% | N/A |
| Median 12 month | 2.6% | N/A |
| Median 3 years | 4.03% | N/A |
| Median 5 years | 13.48% | N/A |
| 10 years average annual | 2.56% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 62.7 days | N/A |
| Gross Rental Yield Percent | 5.28% | N/A |
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Home values continued to ease across the majority of Australian capital cities last week, except for one which managed to hold steady. ...
Updated figures from the WA state government has revealed that there are over $100 billion-worth of upcoming projects for the state, and one...
Property owners in Queensland have up until the end of the working week to make sure they comply with combustible cladding regulations. ...
In this episode of the Smart Property Investment Show, host Phil Tarrant talks with Simon Pressley, head of research at Propertyology, about...
Labor’s negative gearing and capital gains tax policy changes could have significant impacts for property investors, according to a tax e...