4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Property investors enjoyed capital gains of 3.85% over the last 12 months in FITZROY, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in FITZROY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $665 based on current median home prices for the suburb.
On average, rents on listings have reached the $665 mark, reflecting a 2.47% increase in returns based on the current median price in FITZROY.
FITZROY, 3065 ranks 523rd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 465th on the list of best yielding suburbs for rental properties in VIC, posting a 2.47% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,402,000 | $780,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.31% | -1.89% |
| Median 12 month | 3.85% | 7.29% |
| Median 3 years | -4.63% | 8.71% |
| Median 5 years | 29.22% | 19.08% |
| 10 years average annual | 6.56% | 2.93% |
| Weekly media advert. rent | $665 | $520 |
| Time on Market | 82.7 days | 38.7 days |
| Gross Rental Yield Percent | 2.47% | 3.47% |
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...
Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, A...
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...
One word: commercial. ...
Get notifications in real-time for staying up to date with content that matters to you.
