Negative gearing changes off the table as Morrison holds government
Scott Morrison and the Liberal Party have held government, meaning major cuts to negative gearing and capital gains tax are off the table. ...
Property investors have seen a -2.7% drop in KINGSLEY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KINGSLEY, 6026 saw average decrease in the long term.
The WA 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 $540,000
Profits averaged -2.82% per annum over a 3-year period, due to an downward trend in home prices in KINGSLEY, 6026.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in KINGSLEY, 6026 is 4.33%.
An average of 14.58 real estate transactions take place per month in KINGSLEY which translates to 175 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $540,000 | $260,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.7% | 0% |
| Median 12 month | -4.42% | N/A |
| Median 3 years | -8.47% | -18.74% |
| Median 5 years | -8.47% | -23.83% |
| 10 years average annual | 0.87% | 2.38% |
| Weekly media advert. rent | $450 | $375 |
| Time on Market | 45.0 days | 0.0 days |
| Gross Rental Yield Percent | 4.33% | 7.5% |
Scott Morrison and the Liberal Party have held government, meaning major cuts to negative gearing and capital gains tax are off the table. ...
Find out why this property investor, equipped with data, believes that Labor’s negative gearing policy could cripple Australia’s economy...
With popular investment markets looking to decline further, there are two often slept-on states that investors may want to consider looking ...
As an investor or home owner, it’s only natural that when it comes time to sell, you are going to strive to achieve the highest sale price...
Find out how this investor plans to construct a seven-story apartment complex on a plot of land just a stone’s throw away from the upcomin...
With a bulk of interest-only loans set to run out, a Perth-based mortgage broker has offered his advice on how borrowers can get ready for t...
Get notifications in real-time for staying up to date with content that matters to you.