Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
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 $356,500.
Average weekly rents on listings have reached the $380 mark, reflecting a 5.54% increase in returns based on the current median price in NEWLANDS ARM.
An average of 1.75 real estate transactions take place per month in NEWLANDS ARM which translates to 21 per annum.
21 properties were sold in NEWLANDS ARM in 2016, making it the 438th most active market in VIC based on total real estate transactions.
NEWLANDS ARM, 3875 places 595th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $356,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.8% | N/A |
| Median 12 month | -2.33% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 11.41% | N/A |
| 10 years average annual | 2.06% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 107.6 days | N/A |
| Gross Rental Yield Percent | 5.54% | N/A |
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Research from one of Australia’s largest housing building associations has modelled the impact of capital gains tax (CGT) and negative ge...
Investors have no doubt found it difficult to navigate the lending landscape at the moment, so one broker shares a tip on how investors can ...
Despite the softening of the Sydney property market, experts believe that the capital city continues to hold wealth-creation opportunities f...
A new report has found that despite Melbourne’s history of being known as the world’s most liveable city for numerous years, Australia...
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...