Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
A 23.15% increase in median property prices in HERNE HILL, 3218 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 54th.
A steady increase in median property prices over a five-year period in the suburb translates to a 50.73% capital gain.
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $540,000
The augmented property values in the suburb are trailing above the territorial average of 8.31% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $347.5.
Home owners selling their properties and realtors in HERNE HILL usually have to wait an average of 57.9 days days before their assets are lifted off the market.
The VIC suburb ranks 256th on the list of best yielding suburbs for rental properties in VIC, posting a 3.35% return.
It also places places 176th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.15%||3.57%|
|Median 3 years||50.73%||12.78%|
|Median 5 years||56.75%||22.29%|
|10 years average annual||8.05%||5.41%|
|Weekly media advert. rent||$347.5||$230|
|Time on Market||57.9 days||54.6 days|
|Gross Rental Yield Percent||3.35%||4.71%|
Every aspect of Perth’s rental market over the September 2018 quarter is benefiting property investors as rental supply is down while d...
With stock levels hitting their highest point since 2012, one property researcher claims buyers “are back in the driver’s seat”. ...
Millennials are facing a unique property investment horizon compared to their predecessors. We speak to a Generation Y property educator to ...
Finding the next property markets set to boom can be as easy as looking out into their 'prime neighbours'. Find out how one expert uses only...
While acquiring finance for property has become harder due to recent lending interventions, experts believe that investors can continue to g...