8 tips when researching your next dream purchase
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
A steady increase in median property prices over a five-year period in the suburb translates to a 12.5% 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 $180,000
The augmented property values in the suburb are trailing behind the territorial average of 6.87% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $260.
Home owners selling their properties and realtors in HILLCREST usually have to wait an average of 56.5 days days before their assets are lifted off the market.
The TAS suburb ranks 8th on the list of best yielding suburbs for rental properties in TAS, posting a 7.51% return.
It also places places 117th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $180,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.1% | N/A |
| Median 12 month | -13.46% | N/A |
| Median 3 years | 12.5% | N/A |
| Median 5 years | 3.15% | N/A |
| 10 years average annual | 0.54% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 56.5 days | N/A |
| Gross Rental Yield Percent | 7.51% | N/A |
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
An already tough regional Victorian housing market is likely to be hugely impacted by the state’s bushfire crisis, a real estate body has ...
While the Perth property market continued its downward trend towards the bottom of the market, experts believe that the Western Australian c...
New data has suggested positive signs for investor lending going forward. ...
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the g...
The number of new home building starts has decreased to its lowest point since early 2013, according to ABS research. ...
Get notifications in real-time for staying up to date with content that matters to you.