REDBANK PLAINS 
1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Read More
CollingwoodCollingwood - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 5.93% 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 $1,251,000
Profits averaged 11.7% 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 $645 based on current median home prices for the suburb.
The gross rental yield in COLLINGWOOD, 3066 is 2.68%.
An average of 5.08 real estate transactions take place per month in COLLINGWOOD which translates to 61 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,251,000 | $680,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.93% | 1.49% |
| Median 12 month | 8.78% | 3.74% |
| Median 3 years | 35.1% | 18.67% |
| Median 5 years | 52.89% | 26.17% |
| 10 years average annual | 7.19% | 2.34% |
| Weekly media advert. rent | $645 | $460 |
| Time on Market | 72.4 days | 73.1 days |
| Gross Rental Yield Percent | 2.68% | 3.52% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST
