ATO lends support to flood-affected property owners
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $285,000.
The upward trend in home prices in MYRTLEFORD, 3737 averaged 5.68% per annum over a 3-year period.
Average weekly rents on listings have reached the $280 mark, reflecting a 5.11% increase in returns based on the current median price in MYRTLEFORD.
An average of 6.25 real estate transactions take place per month in MYRTLEFORD which translates to 75 per annum.
75 properties were sold in MYRTLEFORD in 2016, making it the 86th most active market in VIC based on total real estate transactions.
MYRTLEFORD, 3737 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $285,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 6.54% | N/A |
| Median 3 years | 17.04% | N/A |
| Median 5 years | 29.55% | N/A |
| 10 years average annual | 5.95% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 83.2 days | N/A |
| Gross Rental Yield Percent | 5.11% | N/A |
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Almost a third of young Aussies are looking to enter the property market in the next five years, but they are missing some vital steps in th...
The government has released the draft code of conduct by NSW Fair Trading for short-term rental accommodation in NSW, which investors using ...
In NSW, 21 people die each year as a result of fires at home, prompting Fire and Rescue NSW to push for more mandatory safety provisions. ...
A leading economic forecaster has explained that interest rates could come back to bite us when they finally return to normal levels, and ha...
Get notifications in real-time for staying up to date with content that matters to you.