Fresh tax crackdown captures short-term rental platforms
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
A steady increase in median property prices over a five-year period in the suburb translates to a 52.85% 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 $576,250
The augmented property values in the suburb are trailing above the territorial average of 8.31% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.
Home owners selling their properties and realtors in DEER PARK usually have to wait an average of 45.9 days days before their assets are lifted off the market.
The VIC suburb ranks 296th on the list of best yielding suburbs for rental properties in VIC, posting a 3.16% return.
It also places places 419th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $576,250 | $440,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.22% | 1.85% |
| Median 12 month | 17.6% | 16.56% |
| Median 3 years | 52.85% | 42.63% |
| Median 5 years | 68.49% | 43.09% |
| 10 years average annual | 8.78% | 6.72% |
| Weekly media advert. rent | $350 | $330 |
| Time on Market | 45.9 days | 29.3 days |
| Gross Rental Yield Percent | 3.16% | 3.9% |
The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...
The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...
Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...
Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...
Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...