Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Property investors have seen a 1.28% gain in ALTONA MEADOWS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ALTONA MEADOWS, 3028 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.07%.
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 $650,000
Profits averaged 17.05% 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 $370 based on current median home prices for the suburb.
The gross rental yield in ALTONA MEADOWS, 3028 is 2.96%.
An average of 12.83 real estate transactions take place per month in ALTONA MEADOWS which translates to 154 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | $450,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.28% | 1.12% |
| Median 12 month | 16.07% | 9.76% |
| Median 3 years | 51.16% | 28.57% |
| Median 5 years | 71.05% | 42.86% |
| 10 years average annual | 7.96% | 5.94% |
| Weekly media advert. rent | $370 | $340 |
| Time on Market | 40.5 days | 50.4 days |
| Gross Rental Yield Percent | 2.96% | 3.93% |
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
New data has revealed the suburbs that experienced the highest negative growth over 2018. ...
The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...
Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...
Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...