Property investors enjoyed capital gains of 12.65% over the last 12 months in BURWOOD, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in BURWOOD are low, as opposed to average gains per annum over the past five years.
The suburb posted a 55.56% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 1.86% increase in returns based on the current median price in BURWOOD.
BURWOOD, 3125 ranks 339th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 561st on the list of best yielding suburbs for rental properties in VIC, posting a 1.86% return.
Property investors have seen a -0.14% drop in BURWOOD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BURWOOD, 3125 saw average growth in the long term.
BURWOOD, 3125 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 $739,000.
Profits due to an upward trend in home prices in BURWOOD, 3125 averaged 9.84% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $400.5 based on current median home prices for the suburb.
The gross rental yield in BURWOOD, 3125 is 2.82%.
An average of 12.08 real estate transactions take place per month in BURWOOD which translates to 145 per annum.
Amazing story so true
The credit vs cash spending behaviour is...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal