What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
A steady increase in median property prices over a five-year period in the suburb translates to a 53% capital gain.
Property investors in KEALBA enjoyed capital gains of 3.03% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $612,000.
Profits due to an upward trend in home prices there averaged 17.67% per annum over a 3-year period.
Home owners selling their properties and realtors in KEALBA usually have to wait an average of 45.1 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $380 mark, reflecting a 3.23% increase in returns based on the current median price in KEALBA.
KEALBA, 3021 places 364th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $612,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.13% | N/A |
| Median 12 month | 3.03% | N/A |
| Median 3 years | 53% | N/A |
| Median 5 years | 65.41% | N/A |
| 10 years average annual | 7.79% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 45.1 days | N/A |
| Gross Rental Yield Percent | 3.23% | N/A |
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Home values continued to ease across the majority of Australian capital cities last week, except for one which managed to hold steady. ...
Updated figures from the WA state government has revealed that there are over $100 billion-worth of upcoming projects for the state, and one...
Property owners in Queensland have up until the end of the working week to make sure they comply with combustible cladding regulations. ...
In this episode of the Smart Property Investment Show, host Phil Tarrant talks with Simon Pressley, head of research at Propertyology, about...
Labor’s negative gearing and capital gains tax policy changes could have significant impacts for property investors, according to a tax e...