Migration cut plans set to impact property market
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Property investors have seen a 1.04% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KANGAROO FLAT, 3555 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 $316,250
Profits averaged 2.4% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO FLAT, 3555.
This means, real estate investors could earn a rental income of $292.5 based on current median home prices for the suburb.
The gross rental yield in KANGAROO FLAT, 3555 is 4.81%.
An average of 17.83 real estate transactions take place per month in KANGAROO FLAT which translates to 214 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $316,250 | $227,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.04% | 3.41% |
| Median 12 month | 4.03% | -2.88% |
| Median 3 years | 7.2% | -11.22% |
| Median 5 years | 13.15% | 4.12% |
| 10 years average annual | 3.79% | 1.09% |
| Weekly media advert. rent | $292.5 | $250 |
| Time on Market | 78.8 days | 98.1 days |
| Gross Rental Yield Percent | 4.81% | 5.71% |
Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...
Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to on...
One of the big four banks has released its price predictions for the year ahead, on the basis of patterns and data from buyers in 2018. ...
Property investors often gravitate towards the bigger markets of Sydney and Melbourne, but one industry boss has expressed "grave concerns" ...
Many property investors are finding it hard to capitalise on the current market due to the tightening of the lending environment across Aust...
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...