‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
Property investors have seen a 0% gain in MOOROOPNA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOOROOPNA, 3629 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 $230,000
Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in MOOROOPNA, 3629.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in MOOROOPNA, 3629 is 6.56%.
An average of 12.17 real estate transactions take place per month in MOOROOPNA which translates to 146 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $230,000 | $159,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -3.05% |
| Median 12 month | 2.22% | -1.55% |
| Median 3 years | 0% | -3.64% |
| Median 5 years | 11.11% | -0.63% |
| 10 years average annual | 1.62% | 1.48% |
| Weekly media advert. rent | $290 | $225 |
| Time on Market | 85.9 days | 0.0 days |
| Gross Rental Yield Percent | 6.56% | 7.36% |
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
New research has provided insights into where the highest number of homes are being built and whether construction is rising or falling. ...
Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property ...
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
CoreLogic’s Top Rental Performers Report has reported 42 out of 100 of the top-rated suburbs in all of Australia are located in Queensland...
Experts say that Perth, along with Brisbane and Adelaide, is just at the right stage of the property cycle, having achieved a balance betwee...
Get notifications in real-time for staying up to date with content that matters to you.