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Former Queensland state premier, Anna Bligh, has hit out at the strict serviceability rules lenders have imposed on borrowers, arguing they ...
INVERLOCH, 3996 ranks 384th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16% 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 $580,000.
The upward trend in home prices in INVERLOCH, 3996 averaged 12.29% per annum over a 3-year period.
Average weekly rents on listings have reached the $385 mark, reflecting a 3.45% increase in returns based on the current median price in INVERLOCH.
An average of 17.33 real estate transactions take place per month in INVERLOCH which translates to 208 per annum.
208 properties were sold in INVERLOCH in 2016, making it the 443rd most active market in VIC based on total real estate transactions.
INVERLOCH, 3996 places 245th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | $430,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.87% | 1.78% |
| Median 12 month | 16% | 21.99% |
| Median 3 years | 36.87% | 48.28% |
| Median 5 years | 33.79% | 25% |
| 10 years average annual | 5.42% | 3.7% |
| Weekly media advert. rent | $385 | $295 |
| Time on Market | 87.9 days | 0.0 days |
| Gross Rental Yield Percent | 3.45% | 3.57% |
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