Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Property investors have seen a -13.3% drop in CAMBRIDGE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CAMBRIDGE, 7170 saw average decrease 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 $407,500
Profits averaged 3.78% per annum over a 3-year period, due to an upward trend in home prices in CAMBRIDGE, 7170.
The gross rental yield in CAMBRIDGE, 7170 is 0%.
An average of 1 real estate transactions take place per month in CAMBRIDGE which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $407,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -13.3% | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | 11.34% | N/A |
| Median 5 years | -22.38% | N/A |
| 10 years average annual | -1.22% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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