Property industry reacts to Liberal Party win
Various figures in the property industry have reacted to the results of the federal election, with the majority welcoming the prospect of a ...
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Property investors have seen a 0.22% gain in BRIGHTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BRIGHTON, 7030 saw average growth in the long term.
The TAS 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 $340,750
Profits averaged 6.87% per annum over a 3-year period, due to an upward trend in home prices in BRIGHTON, 7030.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in BRIGHTON, 7030 is 5.72%.
An average of 7.33 real estate transactions take place per month in BRIGHTON which translates to 88 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,750 | $265,050 |
| GROWTH REPORT | ||
| Median Quarterly | 0.22% | 3.54% |
| Median 12 month | 6.48% | 11.55% |
| Median 3 years | 20.62% | 29.29% |
| Median 5 years | 19.35% | 21.86% |
| 10 years average annual | 2.17% | 2.49% |
| Weekly media advert. rent | $375 | $300 |
| Time on Market | 43.8 days | 31.2 days |
| Gross Rental Yield Percent | 5.72% | 5.89% |
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