Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Property investors enjoyed capital gains of 2.72% over the last 12 months in SUNSHINE, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 8.96% growth over a ten-year period. It ranks 174th on our list of suburbs that property investors should look into.
SUNSHINE, 3020 has a capital gain of 2.72% for the past year, which is lower than average compared to its 88.04% growth within a five-year period.
With the median home price in SUNSHINE sitting at $755,000, and the average rent at $355, property owners could potentially earn a 2.45% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SUNSHINE are low, as opposed to average gains per annum over the past five years.
SUNSHINE, 3020 in VIC belongs to the local government area of Brimbank.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $755,000 | $352,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.95% | -1.54% |
| Median 12 month | 2.72% | -6.62% |
| Median 3 years | 53.92% | -6% |
| Median 5 years | 88.04% | 9.73% |
| 10 years average annual | 8.96% | 3.99% |
| Weekly media advert. rent | $355 | $310 |
| Time on Market | 67.3 days | 65.5 days |
| Gross Rental Yield Percent | 2.45% | 4.57% |
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...
An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...
The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...
Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...
In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...