Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
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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