Property market update: Brisbane, August 2020
While most major capital city markets have been seen suffering from the consequences of the COVID-19 outbreak, Brisbane has been deemed by e...
Property investors enjoyed capital gains of 10.51% over the last 12 months in MOUNT WAVERLEY, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.16% growth over a ten-year period. It ranks 919th on our list of suburbs that property investors should look into.
MOUNT WAVERLEY, 3149 has a capital gain of 10.51% for the past year, which is higher than average compared to its 20.35% growth within a five-year period.
With the median home price in MOUNT WAVERLEY sitting at $1,325,000, and the average rent at $500, property owners could potentially earn a 1.96% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT WAVERLEY are low, as opposed to average gains per annum over the past five years.
MOUNT WAVERLEY, 3149 in VIC belongs to the local government area of Monash (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,325,000 | $983,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.72% | -0.2% |
| Median 12 month | 10.51% | 14.3% |
| Median 3 years | 0.38% | 14.96% |
| Median 5 years | 20.35% | 30.98% |
| 10 years average annual | 6.16% | 5.74% |
| Weekly media advert. rent | $500 | $492.5 |
| Time on Market | 64.1 days | 62.0 days |
| Gross Rental Yield Percent | 1.96% | 2.61% |
While most major capital city markets have been seen suffering from the consequences of the COVID-19 outbreak, Brisbane has been deemed by e...
The stability of the Australian housing market is set to be tested with a large slump in population due to border closures. ...
State-based land tax changes have seen Vellum Fund Management and Urban Property Group launch the first build-to-rent fund based in NSW. ...
With one month almost already down, several Harcourts professionals have outlined how they expect the remainder of the spring selling season...
The consumer watchdog is warning of an increase in rental and accommodation scams, with more than $300,000 lost to fraudulent activities t...
The COVID-19 pandemic may be leading to a “two-speed rental market”, with suburbs closer to the city likely to experience greater rental...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment