When will house prices rise? A new report reveals all
Though the property market is tipped to bottom out sooner than expected following the federal election, new research shows actual gains coul...
Based on its average 5-year and quarterly capital gains LAKES ENTRANCE, 3909 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 LAKES ENTRANCE, 3909 obtained a 3.64% growth over a ten-year period. It ranks 2164th on our list of suburbs that property investors should look into.
LAKES ENTRANCE, 3909 in VIC belongs to the local government area of East Gippsland (S).
LAKES ENTRANCE, 3909 has a capital gain of 12.41% for the past year, which is higher than average compared to its 20.96% growth within a five-year period.
With the median home price in LAKES ENTRANCE sitting at $326,000, and the average rent at $300, property owners could potentially earn a 4.79% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LAKES ENTRANCE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $326,000 | $250,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.49% | -1.96% |
| Median 12 month | 12.41% | -10.71% |
| Median 3 years | 27.67% | -7.41% |
| Median 5 years | 20.96% | 18.2% |
| 10 years average annual | 3.64% | 0.79% |
| Weekly media advert. rent | $300 | $255 |
| Time on Market | 101.0 days | 151.0 days |
| Gross Rental Yield Percent | 4.79% | 5.3% |
Though the property market is tipped to bottom out sooner than expected following the federal election, new research shows actual gains coul...
A non-major lender has revealed new modelling which shows how Australians with a moderate mortgage can save up to $47,000 in interest paymen...
Australia’s banks and lenders are under pressure from lobbyists to ease their access to finance for Australian property buyers, following ...
In response to new guidance from the banking regulator, another one of the big four banks has adjusted its loan serviceability terms. ...
Those property investors with property in their superannuation should review their arrangements in light of current market conditions, accor...
A healthy credit score can be the difference between securing a loan and being rejected, but many property investors don’t realise the lit...
Get notifications in real-time for staying up to date with content that matters to you.