What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
It 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 $250,000
The augmented property values in the suburb are trailing behind the territorial average of -2.13% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $280.
Home owners selling their properties and realtors in LOCKRIDGE usually have to wait an average of 68.0 days days before their assets are lifted off the market.
The WA suburb ranks 81st on the list of best yielding suburbs for rental properties in WA, posting a 5.82% return.
It also places places 374th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $250,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7.41% | N/A |
| Median 12 month | -17.42% | N/A |
| Median 3 years | -28.57% | N/A |
| Median 5 years | -36.22% | N/A |
| 10 years average annual | -1.48% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 68.0 days | N/A |
| Gross Rental Yield Percent | 5.82% | N/A |
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
The latest data from CoreLogic has depicted a strong finish for December when it comes to homes going under the hammer. ...
Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines i...
While the 2019 calendar year was lacklustre for the Perth property market, Momentum Wealth believes that the Western Australia capital is pr...
Hobart has come out on top in new data analysis that also showed that nationwide, almost nine out of 10 property resales over the September ...
Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...
Get notifications in real-time for staying up to date with content that matters to you.