The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
Â
Â
STRATHDALE, 3550 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in VIC have risen as a whole, pulling STRATHDALE, 3550 values up and netting property investors a capital gain of 9.87% for the past year.
Investors saw the median home price rise to $417,500.
Profits due to an upward trend in home prices in the suburb averaged 0.57% per annum over a 3-year period.
STRATHDALE now ranks at the 326th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in STRATHDALE are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $350 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In STRATHDALE, homes and units usually stay on listing for an average of 68.5 days.
In 2016, 122 properties were sold in STRATHDALE during the past year, making it the 657th most active market in VIC based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $417,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.6% | N/A |
| Median 12 month | 9.87% | N/A |
| Median 3 years | 1.71% | N/A |
| Median 5 years | 7.05% | N/A |
| 10 years average annual | 4.78% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 68.5 days | N/A |
| Gross Rental Yield Percent | 4.36% | N/A |
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...
Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...
Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...
Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...
Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...
Get notifications in real-time for staying up to date with content that matters to you.