Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
CLIFTON SPRINGS, 3222 ranks 677th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.61% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $444,500.
The upward trend in home prices in CLIFTON SPRINGS, 3222 averaged 8.61% per annum over a 3-year period.
Average weekly rents on listings have reached the $345 mark, reflecting a 4.04% increase in returns based on the current median price in CLIFTON SPRINGS.
An average of 19.5 real estate transactions take place per month in CLIFTON SPRINGS which translates to 234 per annum.
234 properties were sold in CLIFTON SPRINGS in 2016, making it the 405th most active market in VIC based on total real estate transactions.
CLIFTON SPRINGS, 3222 places 341st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $444,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.02% | N/A |
| Median 12 month | 13.61% | N/A |
| Median 3 years | 25.83% | N/A |
| Median 5 years | 36.56% | N/A |
| 10 years average annual | 5.1% | N/A |
| Weekly media advert. rent | $345 | N/A |
| Time on Market | 45.5 days | N/A |
| Gross Rental Yield Percent | 4.04% | N/A |
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...
New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but thereâ...
More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...
While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...