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 investments in ELLIMINYT did not fare well against the rest of the country last year, registering a median home price decrease of 1.86%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains ELLIMINYT, 3250 saw average growth in the long term.
Real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 53.8 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $396,250.
ELLIMINYT ranks 98th on the list of best yielding suburbs for rental properties in VIC, posting a 4.86% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $396,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.52% | N/A |
| Median 12 month | 1.86% | N/A |
| Median 3 years | 24.61% | N/A |
| Median 5 years | 34.32% | N/A |
| 10 years average annual | 5.82% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 53.8 days | N/A |
| Gross Rental Yield Percent | 4.86% | N/A |
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...
An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...
The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...
Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...
In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...