Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Property investors have seen a -0.65% drop in BREAKWATER based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on BREAKWATER, 3219 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.18%.
Based on its average 5-year and quarterly capital gains BREAKWATER, 3219 saw average growth in the long term.
The VIC suburb 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 $382,500
Profits averaged 14.37% per annum over a 3-year period, due to an upward trend in home prices in BREAKWATER, 3219.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in BREAKWATER, 3219 is 4.35%.
An average of 1.92 real estate transactions take place per month in BREAKWATER which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $382,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.65% | N/A |
| Median 12 month | 14.18% | N/A |
| Median 3 years | 43.12% | N/A |
| Median 5 years | 50% | N/A |
| 10 years average annual | 7.31% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 20.1 days | N/A |
| Gross Rental Yield Percent | 4.35% | N/A |
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...
Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....
There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...
With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...
An updated modelling of the Labor government’s proposed changes to negative gearing has found that yields are likely to go up while prices...