RBA insists on rate hold amid rumours it could be forced to reassess low rates
The Reserve Bank of Australia has made its second call on the official cash rate for this year, following its decision to cut the rate to...
A steady increase in median property prices over a five-year period in the suburb translates to a 17.91% capital gain.
Property investors in HUNTLY enjoyed capital gains of 7.48% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $395,000.
Profits due to an upward trend in home prices there averaged 5.97% per annum over a 3-year period.
Home owners selling their properties and realtors in HUNTLY usually have to wait an average of 39.1 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $360 mark, reflecting a 4.74% increase in returns based on the current median price in HUNTLY.
HUNTLY, 3551 places 103rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.76% | N/A |
| Median 12 month | 7.48% | N/A |
| Median 3 years | 17.91% | N/A |
| Median 5 years | 11.27% | N/A |
| 10 years average annual | 3.28% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 39.1 days | N/A |
| Gross Rental Yield Percent | 4.74% | N/A |
The Reserve Bank of Australia has made its second call on the official cash rate for this year, following its decision to cut the rate to...
The latest auction figures are showing a booming market, with buyers looking to make the most of the ultra-cheap money, but while their inte...
Overall, Australian home values surged 2.1 per cent higher in February, the largest month-on-month change in CoreLogic’s national home va...
With the mismatch between supply and demand pushing prices higher, an expert believes new listing numbers could see a more substantial lift ...
The disparity in rental markets across Australia has been extreme, with overly tight rental conditions in Perth and Darwin contrasting the p...
Despite mortgage-holders experiencing record levels of comfort, red flags are emerging with financial stress tipped to rise, new research ha...
Get notifications in real-time for staying up to date with content that matters to you.
