What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
A 15.97% increase in median property prices in BICHENO, 7215 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 58th.
A steady increase in median property prices over a five-year period in the suburb translates to a 52.51% capital gain.
It 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 $417,500
The augmented property values in the suburb are trailing above the territorial average of 10.01% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $750.
Home owners selling their properties and realtors in BICHENO usually have to wait an average of 36.6 days days before their assets are lifted off the market.
The TAS suburb ranks 4th on the list of best yielding suburbs for rental properties in TAS, posting a 9.34% return.
It also places places 9th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $417,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.33% | N/A |
| Median 12 month | 15.97% | N/A |
| Median 3 years | 52.51% | N/A |
| Median 5 years | 73.96% | N/A |
| 10 years average annual | 5.62% | N/A |
| Weekly media advert. rent | $750 | N/A |
| Time on Market | 36.6 days | N/A |
| Gross Rental Yield Percent | 9.34% | N/A |
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Home values continued to ease across the majority of Australian capital cities last week, except for one which managed to hold steady. ...
Updated figures from the WA state government has revealed that there are over $100 billion-worth of upcoming projects for the state, and one...
Property owners in Queensland have up until the end of the working week to make sure they comply with combustible cladding regulations. ...
In this episode of the Smart Property Investment Show, host Phil Tarrant talks with Simon Pressley, head of research at Propertyology, about...
Labor’s negative gearing and capital gains tax policy changes could have significant impacts for property investors, according to a tax e...