Office investment in Melbourne is boosting resi investment
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
The suburb’s capital gain of 12.3% for the past year is higher than average compared to its 41.4% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in HOBART, the median home price is sitting at $657,500, and the average rent at $580, this suggests property owners could potentially earn a 4.59% increase in gross rental yield.
Property investors have seen a -3.66% drop in HOBART based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on HOBART, 7000 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 12.3%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.78% growth over a ten-year period. It ranks 178th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $657,500 | $627,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.66% | -0.63% |
| Median 12 month | 12.3% | 9.04% |
| Median 3 years | 48.42% | 31.31% |
| Median 5 years | 41.4% | 49.29% |
| 10 years average annual | 6.78% | 6.73% |
| Weekly media advert. rent | $580 | $550 |
| Time on Market | 0.0 days | 25.1 days |
| Gross Rental Yield Percent | 4.59% | 4.56% |
Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...
The new Western Sydney Airport is set to bring investors new opportunities, a homebuilder has suggested, with the surrounding ‘Aerotropoli...
An informed property investor is a smart property investor, with one property expert stating preparation is the key to a successful investme...
Landlords are often blamed for affordability issues, but one property expert and property investor refutes this, arguing that landlords can ...
Financial advisers are not as in-demand as other professionals in the property investment landscape, but experts believe that they are just ...
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...