4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Based on its average 5-year and quarterly capital gains BOOLARRA, 3870 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BOOLARRA, 3870 obtained a 8% growth over a ten-year period. It ranks 200th on our list of suburbs that property investors should look into.
BOOLARRA, 3870 in VIC belongs to the local government area of Latrobe (C) (Vic.).
BOOLARRA, 3870 has a capital gain of 25.05% for the past year, which is higher than average compared to its 32.73% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in BOOLARRA are low, as opposed to average gains per annum over the past five years.
A 25.05% increase in median property prices in BOOLARRA, 3870 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 27th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $292,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.73% | N/A |
| Median 12 month | 25.05% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 32.73% | N/A |
| 10 years average annual | 8% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 24.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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One word: commercial. ...
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