Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
STONEVILLE, 6081 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 $535,000.
Profits due to an upward trend in home prices in the suburb averaged 1.72% per annum over a 3-year period.
STONEVILLE now ranks at the 31st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in STONEVILLE are high, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $465 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In STONEVILLE, homes and units usually stay on listing for an average of 94.7 days.
In 2016, 35 properties were sold in STONEVILLE during the past year, making it the 180th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $535,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.42% | N/A |
| Median 12 month | -0.93% | N/A |
| Median 3 years | 5.16% | N/A |
| Median 5 years | 0.47% | N/A |
| 10 years average annual | 1.51% | N/A |
| Weekly media advert. rent | $465 | N/A |
| Time on Market | 94.7 days | N/A |
| Gross Rental Yield Percent | 4.52% | N/A |
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Australia is currently facing a buyer’s market, but what if you’re looking to sell? A real estate agency head and investor shares his in...
The results of a new survey show where property investors believe are the best capital cities to invest into – and they’re not Sydney or...
There are always opportunities in Australian property markets, and these experts discuss where to look and how to find opportunities in 2019...
With lesser properties and subdued investment activity across softening markets, real estate agents are adamant to get clients to service. H...
The floods in Townsville, Queensland have damaged hundreds of properties, so it’s a good reminder of the importance of insuring your prope...