Popular borrowing strategy in government’s sights
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
TYABB, 3913 ranks 710th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.14% 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 $542,500.
The upward trend in home prices in TYABB, 3913 averaged 13.64% per annum over a 3-year period.
Average weekly rents on listings have reached the $417.5 mark, reflecting a 4% increase in returns based on the current median price in TYABB.
An average of 3 real estate transactions take place per month in TYABB which translates to 36 per annum.
36 properties were sold in TYABB in 2016, making it the 272nd most active market in VIC based on total real estate transactions.
TYABB, 3913 places 222nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $542,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.36% | N/A |
| Median 12 month | 13.14% | N/A |
| Median 3 years | 40.91% | N/A |
| Median 5 years | 47.02% | N/A |
| 10 years average annual | 6.49% | N/A |
| Weekly media advert. rent | $417.5 | N/A |
| Time on Market | 33.4 days | N/A |
| Gross Rental Yield Percent | 4% | N/A |
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...
The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...
New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...
Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...
One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...
No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcityâ...