‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Figures from the previous quarter show that capital gains for real estate buyers in PORT LINCOLN are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
On average, rents on listings have reached the $300 mark, reflecting a 5.22% increase in returns based on the current median price in PORT LINCOLN.
PORT LINCOLN, 5606 ranks 280th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 89th on the list of best yielding suburbs for rental properties in SA, posting a 5.22% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $299,000 | $210,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.33% | -2.33% |
| Median 12 month | -1.32% | -6.67% |
| Median 3 years | -0.17% | -26.32% |
| Median 5 years | -3.08% | -17.81% |
| 10 years average annual | 1.61% | 0.24% |
| Weekly media advert. rent | $300 | $230 |
| Time on Market | 123.0 days | 0.0 days |
| Gross Rental Yield Percent | 5.22% | 5.7% |
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Landlords have received welcome news, with the Minister for Housing confirming there is no rental freeze during the moratorium. ...
The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...
Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in ho...
The number of dwellings approved for construction in February jumped by almost 20 per cent when compared with January, highlighting the stre...
The House of Representatives standing committee on social policy and legal affairs has agreed to suspend its inquiry into homelessness in Au...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
