Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 1.49% gain in CAMBRIDGE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CAMBRIDGE, 7170 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 $615,000
Profits averaged 19.23% 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 1.42 real estate transactions take place per month in CAMBRIDGE which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $615,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.49% | N/A |
| Median 12 month | 6.31% | N/A |
| Median 3 years | 57.69% | N/A |
| Median 5 years | 54.96% | N/A |
| 10 years average annual | 6.55% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 33.6 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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