The landlord’s guide to tenancy databases
What are tenancy databases and why should you use them as a landlord? ...
NEWLANDS ARM, 3875 ranks 23rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 40.44% for property investors.
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 $477,500.
The upward trend in home prices in NEWLANDS ARM, 3875 averaged 10.88% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in NEWLANDS ARM.
An average of 1.42 real estate transactions take place per month in NEWLANDS ARM which translates to 17 per annum.
17 properties were sold in NEWLANDS ARM in 2016, making it the 535th most active market in VIC based on total real estate transactions.
NEWLANDS ARM, 3875 places 42nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $477,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.79% | N/A |
| Median 12 month | 40.44% | N/A |
| Median 3 years | 32.64% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 4.61% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 82.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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