Calls to drop negative gearing met with alternative tax proposal
By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...
Property investors enjoyed capital gains of 3.89% over the last 12 months in NHILL, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in NHILL are low, as opposed to average gains per annum over the past five years.
The suburb posted a 24.42% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
On average, rents on listings have reached the $200 mark, reflecting a 7.7% increase in returns based on the current median price in NHILL.
NHILL, 3418 ranks 496th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 7th on the list of best yielding suburbs for rental properties in VIC, posting a 7.7% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.89%||N/A|
|Median 3 years||24.42%||N/A|
|Median 5 years||12.5%||N/A|
|10 years average annual||3.36%||N/A|
|Weekly media advert. rent||$200||N/A|
|Time on Market||108.7 days||N/A|
|Gross Rental Yield Percent||7.7%||N/A|
Every aspect of Perth’s rental market over the September 2018 quarter is benefiting property investors as rental supply is down while d...
With stock levels hitting their highest point since 2012, one property researcher claims buyers “are back in the driver’s seat”. ...
Millennials are facing a unique property investment horizon compared to their predecessors. We speak to a Generation Y property educator to ...
Finding the next property markets set to boom can be as easy as looking out into their 'prime neighbours'. Find out how one expert uses only...
While acquiring finance for property has become harder due to recent lending interventions, experts believe that investors can continue to g...