Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
Subscribe to our newsletter
Property investors have seen a -0.48% drop in ALTONA MEADOWS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALTONA MEADOWS, 3028 saw average growth in the long term.
The VIC 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 $620,000
Profits averaged 6.03% per annum over a 3-year period, due to an upward trend in home prices in ALTONA MEADOWS, 3028.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in ALTONA MEADOWS, 3028 is 3.19%.
An average of 13.42 real estate transactions take place per month in ALTONA MEADOWS which translates to 161 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | $465,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.48% | 1.09% |
| Median 12 month | -2.52% | 0.11% |
| Median 3 years | 18.1% | 25.52% |
| Median 5 years | 47.62% | 43.52% |
| 10 years average annual | 5.7% | 5.04% |
| Weekly media advert. rent | $380 | $345 |
| Time on Market | 57.8 days | 48.2 days |
| Gross Rental Yield Percent | 3.19% | 3.86% |
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...
A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...
How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...
While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
