$18m investor shares his ‘life-changing’ first investment
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
Homeowners and real estate investors betting on MIDDLE PARK, 3206 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 24.59%.
A steady increase in median property prices over a five-year period in the suburb translates to a 21.43% capital gain.
Property investors in MIDDLE PARK enjoyed capital gains of 24.59% over the last 12 months translating to lower returns compared with its peers in the territory.
The 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 $2,635,000.
Profits due to an upward trend in home prices there averaged 7.14% per annum over a 3-year period.
Home owners selling their properties and realtors in MIDDLE PARK usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $820 mark, reflecting a 1.62% increase in returns based on the current median price in MIDDLE PARK.
MIDDLE PARK, 3206 places 17th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,635,000 | $710,000 |
| GROWTH REPORT | ||
| Median Quarterly | 12.13% | -5.33% |
| Median 12 month | 24.59% | -11.25% |
| Median 3 years | 21.43% | 5.97% |
| Median 5 years | 95.19% | 7.58% |
| 10 years average annual | 6.87% | 4.3% |
| Weekly media advert. rent | $820 | $440 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 1.62% | 3.22% |
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
The president of the Real Estate Institute of Australia has concerns about investors who are in the current market for a quick win, and is f...
Housing affordability in key capital city markets is showing signs of life after several years of rapid deterioration, according to a nation...
While spring is traditionally when property owners treat their homes to a bit of ‘spit and polish’, it’s also an ideal time to give in...
Property lecturer and Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos shares the suburbs set to grow in each c...
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...