Property investors see reduced competition from FHBers
Recent market conditions have meant first-home buyers have had to bow out of the property game, and are expected to return by the end of 201...
Property investors have seen a 3.91% gain in GREENS BEACH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GREENS BEACH, 7270 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 $298,750
Profits averaged 3.69% per annum over a 3-year period, due to an upward trend in home prices in GREENS BEACH, 7270.
The gross rental yield in GREENS BEACH, 7270 is 0%.
An average of 1 real estate transactions take place per month in GREENS BEACH which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $298,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.91% | N/A |
| Median 12 month | 8.24% | N/A |
| Median 3 years | 11.06% | N/A |
| Median 5 years | 15.35% | N/A |
| 10 years average annual | 3.02% | 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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