ASIC bans short-term lending model
The corporate regulator has used its product intervention powers to prohibit a model of short-term lending, which, it has found, causes “s...
Property investors have seen a -3.97% drop in NORTH WARRANDYTE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORTH WARRANDYTE, 3113 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 $931,500
Profits averaged 14.07% per annum over a 3-year period, due to an upward trend in home prices in NORTH WARRANDYTE, 3113.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in NORTH WARRANDYTE, 3113 is 3.35%.
An average of 1.83 real estate transactions take place per month in NORTH WARRANDYTE which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $931,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.97% | N/A |
| Median 12 month | 7.38% | N/A |
| Median 3 years | 42.21% | N/A |
| Median 5 years | 59.23% | N/A |
| 10 years average annual | 6.16% | N/A |
| Weekly media advert. rent | $600 | N/A |
| Time on Market | 36.5 days | N/A |
| Gross Rental Yield Percent | 3.35% | N/A |
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