Investors advised to review credit options amid health crisis
Amid the ongoing health crisis, mortgage brokers across Australia are urging home owners and investors to consider their credit options. ...
PERTH, 7300 ranks 538th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 9.59% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $383,000.
The upward trend in home prices in PERTH, 7300 averaged 9.01% per annum over a 3-year period.
Average weekly rents on listings have reached the $365 mark, reflecting a 4.96% increase in returns based on the current median price in PERTH.
An average of 6 real estate transactions take place per month in PERTH which translates to 72 per annum.
72 properties were sold in PERTH in 2016, making it the 23rd most active market in TAS based on total real estate transactions.
PERTH, 7300 places 143rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $383,000 | $270,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.79% | -1.64% |
| Median 12 month | 9.59% | N/A |
| Median 3 years | 27.03% | 25.58% |
| Median 5 years | 37.77% | 25.29% |
| 10 years average annual | 4.74% | 4.78% |
| Weekly media advert. rent | $365 | $320 |
| Time on Market | 56.0 days | 74.8 days |
| Gross Rental Yield Percent | 4.96% | 6.16% |
Amid the ongoing health crisis, mortgage brokers across Australia are urging home owners and investors to consider their credit options. ...
As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...
Mum and dad investors are just as vulnerable as their tenants if a blanket eviction ban fails to consider property owners as well, according...
An industry body has hit back at the “fundamentally flawed” notion that the NSW government could legislate to remove the obligation of t...
With the COVID-19 pandemic triggering a global financial crisis, investors’ circumstances are shifting dramatically, leaving those who wer...
Despite current uncertainties, experts assure Australians that the national economy has the key fundamentals in place to make a strong recov...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
