How investors should react to mortgage possessions coming soon
Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...
The suburb’s capital gain of -17.28% for the past year is lower than average compared to its -18.97% growth within a five-year period.
Also in BULLSBROOK, the median home price is sitting at $395,000, and the average rent at $360, this suggests property owners could potentially earn a 4.74% increase in gross rental yield.
Property investors have seen a 2.07% gain in BULLSBROOK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.63% growth over a ten-year period. It ranks 3401st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.07% | N/A |
| Median 12 month | -17.28% | N/A |
| Median 3 years | -14.13% | N/A |
| Median 5 years | -18.97% | N/A |
| 10 years average annual | 1.63% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 108.9 days | N/A |
| Gross Rental Yield Percent | 4.74% | N/A |
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