How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
Property investors have seen a -0.26% drop in MERNDA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MERNDA, 3754 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 $573,500
Profits averaged 13.41% per annum over a 3-year period, due to an upward trend in home prices in MERNDA, 3754.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in MERNDA, 3754 is 3.54%.
An average of 26.75 real estate transactions take place per month in MERNDA which translates to 321 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $573,500 | $392,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.26% | 3.97% |
| Median 12 month | 8.93% | 15.44% |
| Median 3 years | 40.22% | 24.6% |
| Median 5 years | 51.72% | 26.61% |
| 10 years average annual | 6.26% | 4.52% |
| Weekly media advert. rent | $390 | $335 |
| Time on Market | 42.3 days | 44.0 days |
| Gross Rental Yield Percent | 3.54% | 4.44% |
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
A new report has been released by the prudential regulator that analyses how major banks view their own actions, and there’s certainly roo...
New data has been released that reveals how consumer sentiment has trended following the first three months of the year, which contained man...
Investor Arjun Paliwal considers the only commercial property in his nine-property portfolio as his second-most successful investment in ove...
Housing affordability has seen a rapid improvement over the March quarter, with one association labelling it the fastest improvement since 2...
After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...
Get notifications in real-time for staying up to date with content that matters to you.