Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
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 |
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
New data has revealed the suburbs that experienced the highest negative growth over 2018. ...
The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...
Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...
Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...