The secrets of due diligence, valuations and negotiations
There are plenty of properties out there, but not all properties are investment-grade properties, writes Lloyd Edge. ...
Subscribe to our newsletter
Property investors enjoyed capital gains of 11.01% over the last 12 months in KEW, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in KEW are high, as opposed to average gains per annum over the past five years.
The suburb posted a 0.81% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $840 based on current median home prices for the suburb.
On average, rents on listings have reached the $840 mark, reflecting a 1.94% increase in returns based on the current median price in KEW.
KEW, 3101 ranks 94th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 624th on the list of best yielding suburbs for rental properties in VIC, posting a 1.94% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,248,000 | $835,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.54% | 1.4% |
| Median 12 month | 11.01% | 11.33% |
| Median 3 years | 0.81% | 17.61% |
| Median 5 years | 22.51% | 24.08% |
| 10 years average annual | 4.71% | 4.11% |
| Weekly media advert. rent | $840 | $480 |
| Time on Market | 55.0 days | 64.2 days |
| Gross Rental Yield Percent | 1.94% | 2.99% |
There are plenty of properties out there, but not all properties are investment-grade properties, writes Lloyd Edge. ...
Available rental stock in Perth is dropping at a rapid rate, with listings falling to their lowest levels since November 2013. ...
While most properties will double in a decade, most of the gains will happen in two to four years with six to eight years of stagnation in b...
Isolation has given many Australians an opportunity to pause and reflect on what they want from their lives and their assets, and it’s alr...
New research from the Real Estate Institute of Australia (REIA) has provided insight into housing affordability in each state and territory...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
