RBA insists on rate hold amid rumours it could be forced to reassess low rates
The Reserve Bank of Australia has made its second call on the official cash rate for this year, following its decision to cut the rate to...
The suburb’s capital gain of 9.09% for the past year is higher than average compared to its 34.02% growth within a five-year period.
Also in KILSYTH, the median home price is sitting at $703,625, and the average rent at $425, this suggests property owners could potentially earn a 3.14% increase in gross rental yield.
Property investors have seen a 1.02% gain in KILSYTH based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.72% growth over a ten-year period. It ranks 710th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.09%||6.31%|
|Median 3 years||0.63%||8.66%|
|Median 5 years||34.02%||40.48%|
|10 years average annual||5.72%||5.68%|
|Weekly media advert. rent||$425||$425|
|Time on Market||41.7 days||47.7 days|
|Gross Rental Yield Percent||3.14%||3.75%|
The latest auction figures are showing a booming market, with buyers looking to make the most of the ultra-cheap money, but while their inte...
Overall, Australian home values surged 2.1 per cent higher in February, the largest month-on-month change in CoreLogic’s national home va...
With the mismatch between supply and demand pushing prices higher, an expert believes new listing numbers could see a more substantial lift ...
The disparity in rental markets across Australia has been extreme, with overly tight rental conditions in Perth and Darwin contrasting the p...
Despite mortgage-holders experiencing record levels of comfort, red flags are emerging with financial stress tipped to rise, new research ha...