Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Property investors enjoyed capital gains of 10.66% over the last 12 months in MYPONGA, translating to lower returns compared with its peers in SA.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MYPONGA.
MYPONGA, 5202 ranks 72nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 471st on the list of best yielding suburbs for rental properties in SA, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $342,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 10.66% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 22.32% | N/A |
| 10 years average annual | 12.5% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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