How to refinance a rental property
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
PORT BROUGHTON, 5522 ranks 86th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28.91% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $340,000.
The upward trend in home prices in PORT BROUGHTON, 5522 averaged 6.43% per annum over a 3-year period.
Average weekly rents on listings have reached the $265 mark, reflecting a 4.05% increase in returns based on the current median price in PORT BROUGHTON.
An average of 2.08 real estate transactions take place per month in PORT BROUGHTON which translates to 25 per annum.
25 properties were sold in PORT BROUGHTON in 2016, making it the 274th most active market in SA based on total real estate transactions.
PORT BROUGHTON, 5522 places 24th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.68% | N/A |
| Median 12 month | 28.91% | N/A |
| Median 3 years | 19.3% | N/A |
| Median 5 years | 33.33% | N/A |
| 10 years average annual | 2.89% | N/A |
| Weekly media advert. rent | $265 | N/A |
| Time on Market | 138.6 days | N/A |
| Gross Rental Yield Percent | 4.05% | N/A |
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
The recent reduction of a number of “floor rates” to under 5 per cent could see vendors receiving strong sales up to Christmas and again...
Listings of short-stay rentals on Airbnb and other similar platforms have more than halved – shedding 17,000 properties – in the major m...
While most of the smaller capital cities thrived amid the COVID-19 virus, Sydney, Melbourne and Brisbane found themselves with a mixed bag o...
As bigger capital cities’ rents continue to fall, Perth rent values have soared annually, according to CoreLogic. ...
What are tenancy databases and why should you use them as a landlord? ...
Get notifications in real-time for staying up to date with content that matters to you.
