How to pay off your mortgage in 10 years
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
GORDON, 3345 ranks 461st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 10.17% 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 $487,500.
Average weekly rents on listings have reached the $382.5 mark, reflecting a 4.08% increase in returns based on the current median price in GORDON.
An average of 1.5 real estate transactions take place per month in GORDON which translates to 18 per annum.
18 properties were sold in GORDON in 2016, making it the 490th most active market in VIC based on total real estate transactions.
GORDON, 3345 places 296th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $487,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.56% | N/A |
| Median 12 month | 10.17% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 8.72% | N/A |
| Weekly media advert. rent | $382.5 | N/A |
| Time on Market | 87.6 days | N/A |
| Gross Rental Yield Percent | 4.08% | N/A |
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
Distressed property listings are well renowned for giving lucky buyers a better deal – so what exactly are they, and where are they most ...
From 23 March, new legislation will make it easier for NSW tenants to make “minor” changes to a property. Here’s how it’ll affect yo...
If you’ve ever considered investing across the ditch, there are 10 areas that have delivered returns of at least 25 per cent in the last 1...
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hotspot for real estate investors, according to ind...
Poor construction undertaken recently is set to create a 10-year backlog of litigation claims, according to a local lawyer. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
