‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Property investors have seen a -7.16% drop in TERANG based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TERANG, 3264 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 $175,000
Profits averaged -6.2% per annum over a 3-year period, due to an downward trend in home prices in TERANG, 3264.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in TERANG, 3264 is 7.43%.
An average of 3.67 real estate transactions take place per month in TERANG which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $175,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7.16% | N/A |
| Median 12 month | 4.79% | N/A |
| Median 3 years | -18.6% | N/A |
| Median 5 years | 17.45% | N/A |
| 10 years average annual | 1.66% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 132.5 days | N/A |
| Gross Rental Yield Percent | 7.43% | N/A |
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Prioritising equity and capital growth in a softening market? One investor shares his buying strategy for maximising equity in a portfolio....
Fresh data reveals capital city vacancy rates were relatively steady over September, with the majority tightening slightly. House rents was ...
I’ve bought and sold hundreds of properties to date and I can say with confidence: the idea that you can’t have a balance of return and ...
Perth’s property market saw affordability improve over the September 2018 quarter with a slight softening of house and unit prices, accord...
High-end properties are softening in price, but investing too heavily in blue-chip areas can actually harm your cash flow. One buyer's agen...