Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Property investors enjoyed capital gains of 20.82% over the last 12 months in THOMSON, 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 7.35% growth over a ten-year period. It ranks 825th on our list of suburbs that property investors should look into.
THOMSON, 3219 has a capital gain of 20.82% for the past year, which is higher than average compared to its 44.06% growth within a five-year period.
With the median home price in THOMSON sitting at $412,000, and the average rent at $320, property owners could potentially earn a 4.04% increase in gross rental yield.
A 20.82% increase in median property prices in THOMSON, 3219 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 75th.
Figures from the previous quarter show that capital gains for real estate buyers in THOMSON are high, as opposed to average gains per annum over the past five years.
THOMSON, 3219 in VIC belongs to the local government area of Greater Geelong.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $412,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.87% | N/A |
| Median 12 month | 20.82% | N/A |
| Median 3 years | 43.06% | N/A |
| Median 5 years | 44.06% | N/A |
| 10 years average annual | 7.35% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 40.2 days | N/A |
| Gross Rental Yield Percent | 4.04% | N/A |
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