Bargains set to hit the market in wake of royal commission
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
Property investors have seen a -2.74% drop in ECHUNGA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ECHUNGA, 5153 saw average decrease in the long term.
The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $390,000
Profits averaged -1.65% per annum over a 3-year period, due to an downward trend in home prices in ECHUNGA, 5153.
The gross rental yield in ECHUNGA, 5153 is 0%.
An average of 2.08 real estate transactions take place per month in ECHUNGA which translates to 25 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.74% | N/A |
| Median 12 month | 1.3% | N/A |
| Median 3 years | -4.96% | N/A |
| Median 5 years | -7.86% | N/A |
| 10 years average annual | 6.87% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 68.4 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
An organisation representing 189 countries has analysed the Australian market, finding that softening prices are a necessary and welcome m...
When you’ve been in the real estate investment game for a while, you’ll hear the same pieces of simplified advice come up time and again...
After purchasing properties under the National Rental Affordability Scheme (NRAS), investor Redom Syed decided to start delving into long-te...
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to on...