How to refinance a rental property
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
Property investors have seen a 3.38% gain in EVANDALE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on EVANDALE, 7212 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 11.64%.
Based on its average 5-year and quarterly capital gains EVANDALE, 7212 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 $412,500
Profits averaged 9.24% per annum over a 3-year period, due to an upward trend in home prices in EVANDALE, 7212.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in EVANDALE, 7212 is 4.66%.
An average of 1.75 real estate transactions take place per month in EVANDALE which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $412,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.38% | N/A |
| Median 12 month | 11.64% | N/A |
| Median 3 years | 27.71% | N/A |
| Median 5 years | 31.58% | N/A |
| 10 years average annual | 3.96% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 39.7 days | N/A |
| Gross Rental Yield Percent | 4.66% | N/A |
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