The Sydney suburbs tipped to bounce back first
If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...
Property investors have seen a -5.71% drop in GLEN IRIS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GLEN IRIS, 3146 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 $1,800,000
Profits averaged 0.78% per annum over a 3-year period, due to an upward trend in home prices in GLEN IRIS, 3146.
This means, real estate investors could earn a rental income of $715 based on current median home prices for the suburb.
The gross rental yield in GLEN IRIS, 3146 is 2.07%.
An average of 17.92 real estate transactions take place per month in GLEN IRIS which translates to 215 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,800,000 | $667,500 |
| GROWTH REPORT | ||
| Median Quarterly | -5.71% | -5.45% |
| Median 12 month | -8.86% | -1.11% |
| Median 3 years | 2.33% | 9.61% |
| Median 5 years | 37.83% | 18.77% |
| 10 years average annual | 6.7% | 5.13% |
| Weekly media advert. rent | $715 | $427.5 |
| Time on Market | 47.1 days | 51.5 days |
| Gross Rental Yield Percent | 2.07% | 3.33% |
If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...
A research analyst has analysed the last three decades of value rises and declines and has made a conclusion that he called “unprecedented...
The release of new data by the ABS about an increase in Australia’s population highlights the need for further supply to be built, accordi...
You have a responsibility owning property: number one to yourself, to make sure that the asset is performing as well as possible; and number...
Infrastructure has always been cited as a main indicator of potential capital growth for investment properties — how exactly do existing a...
The current property market is seeing a boost of confidence following recent political and financial moves. If investors what to stand out i...
Get notifications in real-time for staying up to date with content that matters to you.