New bank hits the market, set to offer home loans
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
SPRINGTON, 5235 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling SPRINGTON, 5235 values up and netting property investors a capital gain of 0.51% for the past year.
Investors saw the median home price rise to $296,500.
SPRINGTON now ranks at the 161st place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $285 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SPRINGTON, homes and units usually stay on listing for an average of 92.8 days.
In 2016, 18 properties were sold in SPRINGTON during the past year, making it the 337th most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $296,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.72% | N/A |
| Median 12 month | 0.51% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 4.07% | N/A |
| Weekly media advert. rent | $285 | N/A |
| Time on Market | 92.8 days | N/A |
| Gross Rental Yield Percent | 5% | N/A |
One lender has been granted a full banking licence in Australia, and is eyeing the home loan market. ...
One of the big four banks has updated its forecasts for the housing market, and when it expects that the downward cycle will hit its floor....
A growing number of Australians have got mortgages, despite what the home ownership figures are showing, according to fresh data from the Au...
One buyer’s agent is “constantly amazed” by the ongoing misconceptions in property investment about the underlying economics that dic...
New data has shown the most in demand suburbs in Australia, as buyers look to capitalise on ongoing price declines. ...
In response to APRA easing its guidelines on loan serviceability, two non-major banks have changed their mortgage serviceability assessmen...
Get notifications in real-time for staying up to date with content that matters to you.