Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Property investors enjoyed capital gains of 26.92% over the last 12 months in WORROLONG, translating to lower returns compared with its peers in SA.
The suburb posted a 17.3% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in WORROLONG.
WORROLONG, 5291 ranks 11th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 404th on the list of best yielding suburbs for rental properties in SA, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $495,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 26.92% | N/A |
| Median 3 years | 17.3% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 3.04% | 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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