Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
The suburb’s capital gain of -2.1% for the past year is lower than average compared to its 53.52% growth within a five-year period.
Also in HOBART, the median home price is sitting at $675,500, and the average rent at $575, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.
Property investors have seen a -0.66% drop in HOBART based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.44% growth over a ten-year period. It ranks 99th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $675,500 | $615,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.66% | -1.91% |
| Median 12 month | -2.1% | -0.81% |
| Median 3 years | 27.45% | 28.8% |
| Median 5 years | 53.52% | 24.75% |
| 10 years average annual | 7.44% | 3.71% |
| Weekly media advert. rent | $575 | $500 |
| Time on Market | 11.5 days | 29.7 days |
| Gross Rental Yield Percent | 4.43% | 4.23% |
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
An examination of ABS data has found a rising trend of taller apartment buildings, providing an insight into what Australia’s future unit ...
New transport infrastructure spending is set to benefit one coastal suburb in Western Australia, which has been labelled one of the best sub...
Going into a market that is yet to fully recover could pose a risk, but there are strong opportunities in one recovering capital city, accor...
Experts believe that Labor’s proposal to change tax policies can cause significant impact to the property market. How can investors prepar...
The results of a new report show that Melbourne suburbs were quite prominent in the country’s top hotspots for building approvals and popu...