Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Property investors have seen a 0.85% gain in CAMBRIDGE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CAMBRIDGE, 7170 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 41.57%.
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 $590,000
Profits averaged 16.46% 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 1.25 real estate transactions take place per month in CAMBRIDGE which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $590,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.85% | N/A |
| Median 12 month | 41.57% | N/A |
| Median 3 years | 49.37% | N/A |
| Median 5 years | 13.46% | N/A |
| 10 years average annual | 7.3% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 34.5 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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