Can co-living solve housing affordability?
Key global cities, including New York, London, Tokyo and Singapore, are attempting to solve housing affordability through co-living arrangem...
Property investors have seen a 8.1% gain in COLLINGWOOD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COLLINGWOOD, 3066 saw average growth in the long term.
The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $951,250
Profits averaged 5.1% per annum over a 3-year period, due to an upward trend in home prices in COLLINGWOOD, 3066.
This means, real estate investors could earn a rental income of $630 based on current median home prices for the suburb.
The gross rental yield in COLLINGWOOD, 3066 is 3.44%.
An average of 4.08 real estate transactions take place per month in COLLINGWOOD which translates to 49 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $951,250 | $577,000 |
| GROWTH REPORT | ||
| Median Quarterly | 8.1% | 1.23% |
| Median 12 month | -6.05% | 8.1% |
| Median 3 years | 15.3% | 7.26% |
| Median 5 years | 32.26% | -1.37% |
| 10 years average annual | 5.63% | 2.83% |
| Weekly media advert. rent | $630 | $515 |
| Time on Market | 75.6 days | 62.2 days |
| Gross Rental Yield Percent | 3.44% | 4.64% |
Key global cities, including New York, London, Tokyo and Singapore, are attempting to solve housing affordability through co-living arrangem...
The strong upward trend in home-buying intentions is translating into higher motor vehicle spending intentions, according to new CBA researc...
Analysts are in two minds about the Reserve Bank’s monetary policy strategy, with recent remarks from governor Philip Lowe casting doubt o...
Purchasing a home by pairing up with a stranger could be considered a “safer” property ownership option than opting in with a partner...
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
Distressed property listings are well renowned for giving lucky buyers a better deal – so what exactly are they, and where are they most ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
