PROPERTY SHOWCASE: Investor struggles and how to overcome them
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Property investors have seen a 3.14% gain in LAKE GARDENS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on LAKE GARDENS, 3355 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 15.56%.
Based on its average 5-year and quarterly capital gains LAKE GARDENS, 3355 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 $624,000
Profits averaged 10.83% per annum over a 3-year period, due to an upward trend in home prices in LAKE GARDENS, 3355.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in LAKE GARDENS, 3355 is 2.92%.
An average of 2.17 real estate transactions take place per month in LAKE GARDENS which translates to 26 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $624,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.14% | N/A |
| Median 12 month | 15.56% | N/A |
| Median 3 years | 32.48% | N/A |
| Median 5 years | 36.54% | N/A |
| 10 years average annual | 6.05% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 30.0 days | N/A |
| Gross Rental Yield Percent | 2.92% | N/A |
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...
Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...
This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...
Get notifications in real-time for staying up to date with content that matters to you.
