Popular lenders issue spate of rate cuts
Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
The suburb’s capital gain of 11.63% for the past year is higher than average compared to its 13.25% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in PARKLANDS, the median home price is sitting at $273,500, and the average rent at $300, this suggests property owners could potentially earn a 5.7% increase in gross rental yield.
Property investors have seen a 7.25% gain in PARKLANDS based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on PARKLANDS, 7320 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 11.63%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.66% growth over a ten-year period. It ranks 3388th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $273,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.25% | N/A |
| Median 12 month | 11.63% | N/A |
| Median 3 years | 1.3% | N/A |
| Median 5 years | 13.25% | N/A |
| 10 years average annual | 1.66% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 43.5 days | N/A |
| Gross Rental Yield Percent | 5.7% | N/A |
Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
An update to the consumer price index for the March quarter saw it hold steady and not move at all – which means a May rate cut could be ...
One industry body has continued its calls to establish a dedicated property services commissioner and take away property powers from the NSW...
Fresh research has found that the system for determining infrastructure charges is “poor” and needs to be reworked. ...
Depending on who wins the May 2019 federal elections, property investors could be facing major changes in policies. Smart Property Investmen...
Negative gearing has long been popular as a tax minimisation strategy, allowing investors to offset losses incurred against their taxable in...