The top 50 regions of growing and declining dwelling value
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...
A 21.92% increase in median property prices in COCKATOO, 3781 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 63rd.
A steady increase in median property prices over a five-year period in the suburb translates to a 54.66% capital gain.
It 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 $564,500
The augmented property values in the suburb are trailing above the territorial average of 8.31% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $365.
Home owners selling their properties and realtors in COCKATOO usually have to wait an average of 20.3 days days before their assets are lifted off the market.
The VIC suburb ranks 253rd on the list of best yielding suburbs for rental properties in VIC, posting a 3.36% return.
It also places places 263rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $564,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.79% | N/A |
| Median 12 month | 21.92% | N/A |
| Median 3 years | 54.66% | N/A |
| Median 5 years | 77.24% | N/A |
| 10 years average annual | 7.86% | N/A |
| Weekly media advert. rent | $365 | N/A |
| Time on Market | 20.3 days | N/A |
| Gross Rental Yield Percent | 3.36% | N/A |
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...
Many property investors were impacted by a tighter lending environment during 2018 and one top economist expects that the situation will not...
With Christmas less than two weeks away, a reminder has been issued to landlords to ensure their tenants’ Christmas cheer doesn’t shine ...
As the festive season draws closer, you might be looking towards the new year and new beginnings. Holidays tend to encourage people to consi...
In five years’ time, experts predict a gradual upswing in the Sydney property market after a long period of downturn. However, there could...
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...