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...
SANDFORD, 7020 ranks 841st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 11.86% for property investors.
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 $580,000.
The upward trend in home prices in SANDFORD, 7020 averaged 9.63% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SANDFORD.
An average of 2.25 real estate transactions take place per month in SANDFORD which translates to 27 per annum.
27 properties were sold in SANDFORD in 2016, making it the 97th most active market in TAS based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 11.86% | N/A |
| Median 3 years | 28.89% | N/A |
| Median 5 years | 34.88% | N/A |
| 10 years average annual | 2.98% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 75.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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