The top 5 factors to watch for Sydney’s market turn
Many investors are keeping an eye on Sydney’s property market, waiting for the current softening to come to an end. According to one exper...
A steady increase in median property prices over a five-year period in the suburb translates to a 22.78% capital gain.
Property investors in CAPE PATERSON enjoyed capital gains of 7.8% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $442,000.
Profits due to an upward trend in home prices there averaged 7.59% per annum over a 3-year period.
Home owners selling their properties and realtors in CAPE PATERSON usually have to wait an average of 60.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $292.5 mark, reflecting a 3.44% increase in returns based on the current median price in CAPE PATERSON.
CAPE PATERSON, 3995 places 41st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $442,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.02% | N/A |
| Median 12 month | 7.8% | N/A |
| Median 3 years | 22.78% | N/A |
| Median 5 years | 37.05% | N/A |
| 10 years average annual | 4.05% | N/A |
| Weekly media advert. rent | $292.5 | N/A |
| Time on Market | 60.5 days | N/A |
| Gross Rental Yield Percent | 3.44% | N/A |
Many investors are keeping an eye on Sydney’s property market, waiting for the current softening to come to an end. According to one exper...
Subdividing is a complex game and can be tricky for property investors with limited experience in property development. Here’s some crucia...
A rise in the days on market across the country allows for buyers to take their time and go through negotiations at their own leisure, new a...
New data has shown that Sydney vacancy rates are up compared to this time last year, but are down when looking at month-to-month. ...
Often, the first time a neighbour realises that a renovation project is about to start next door is when they hear the demolition work comme...
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
Get notifications in real-time for staying up to date with content that matters to you.