Tenants get more power in NSW after new legislation passes
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
Based on its average 5-year and quarterly capital gains MIDLAND, 6056 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MIDLAND, 6056 obtained a -0.35% decrease over a ten-year period. It ranks 4131st on our list of suburbs that property investors should look into.
MIDLAND, 6056 in WA belongs to the local government area of Swan.
MIDLAND, 6056 has a capital gain of -7.48% for the past year, which is lower than average compared to its -13.28% growth within a five-year period.
With the median home price in MIDLAND sitting at $320,000, and the average rent at $289, property owners could potentially earn a 4.7% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MIDLAND are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $320,000 | $272,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.9% | -2.51% |
| Median 12 month | -7.48% | -10.82% |
| Median 3 years | -22.42% | -23.38% |
| Median 5 years | -13.28% | -19.29% |
| 10 years average annual | -0.35% | -1.12% |
| Weekly media advert. rent | $289 | $265 |
| Time on Market | 150.1 days | 167.9 days |
| Gross Rental Yield Percent | 4.7% | 5.07% |
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
New sales data shows that regional areas are outpacing capital cities in clearing properties for sale, against a backdrop of a softening mar...
Buying interstate may seem like a daunting task for many. If I can’t drive to the property, then I can’t invest my hard-earned money the...
We’re always looking to refine our portfolio and make sure it has the best cash flow position as much as possible, and a threat to that is...
Investors aiming to buy low might be doing their portfolio more harm than good if growth is their goal, according to one property commentato...
By 2020, around 200,000 interest-only loans worth over $480 billion will expire and reset to principal-and-interest loans. In the tightening...