8 tips when researching your next dream purchase
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
Property investors have seen a -0.3% drop in OCEAN GROVE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains OCEAN GROVE, 3226 saw average growth in the long term.
The VIC 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 $670,000
Profits averaged 8.41% per annum over a 3-year period, due to an upward trend in home prices in OCEAN GROVE, 3226.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in OCEAN GROVE, 3226 is 3.49%.
An average of 25.25 real estate transactions take place per month in OCEAN GROVE which translates to 303 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $670,000 | $665,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.3% | -3.62% |
| Median 12 month | -2.19% | 11.76% |
| Median 3 years | 25.23% | 47.12% |
| Median 5 years | 32.67% | 66.46% |
| 10 years average annual | 6.01% | 7.71% |
| Weekly media advert. rent | $450 | $400 |
| Time on Market | 87.2 days | 106.6 days |
| Gross Rental Yield Percent | 3.49% | 3.13% |
There are eight factors to take into consideration when researching a property to add to your portfolio, according to an industry expert. ...
An already tough regional Victorian housing market is likely to be hugely impacted by the state’s bushfire crisis, a real estate body has ...
While the Perth property market continued its downward trend towards the bottom of the market, experts believe that the Western Australian c...
New data has suggested positive signs for investor lending going forward. ...
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the g...
The number of new home building starts has decreased to its lowest point since early 2013, according to ABS research. ...
Get notifications in real-time for staying up to date with content that matters to you.