The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
Â
Â
A steady increase in median property prices over a five-year period in the suburb translates to a 47.44% 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 $575,000
The augmented property values in the suburb are trailing above the territorial average of 3.57% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $370.
Home owners selling their properties and realtors in DEER PARK usually have to wait an average of 50.4 days days before their assets are lifted off the market.
The VIC suburb ranks 318th on the list of best yielding suburbs for rental properties in VIC, posting a 3.35% return.
It also places places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $575,000 | $445,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -0.06% |
| Median 12 month | 4.55% | 8.01% |
| Median 3 years | 47.44% | 41.27% |
| Median 5 years | 64.29% | 47.35% |
| 10 years average annual | 8.36% | 6.34% |
| Weekly media advert. rent | $370 | $350 |
| Time on Market | 50.4 days | 60.1 days |
| Gross Rental Yield Percent | 3.35% | 4.09% |
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...
Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...
Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...
Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...
Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...
Get notifications in real-time for staying up to date with content that matters to you.