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 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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