Fact or myth: Does water view affect property price growth?
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
The suburb’s capital gain of -4% for the past year is higher than average compared to its -21.31% growth within a five-year period.
Also in ARMADALE, the median home price is sitting at $240,000, and the average rent at $255, this suggests property owners could potentially earn a 5.53% increase in gross rental yield.
Property investors have seen a 0% gain in ARMADALE 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 -1.09% decrease over a ten-year period. It ranks 4225th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $240,000 | $220,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0% |
| Median 12 month | -4% | -10.56% |
| Median 3 years | -22.58% | -26.42% |
| Median 5 years | -21.31% | -20.58% |
| 10 years average annual | -1.09% | 0.57% |
| Weekly media advert. rent | $255 | $250 |
| Time on Market | 89.1 days | 99.3 days |
| Gross Rental Yield Percent | 5.53% | 5.91% |
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
New data has found which suburbs in some of Australia’s major capital cities are most suitable for subdivision, with the claims that doing...
The latest weekly property market data has shown even further signs of value stabilisation across the country, with all major capital cities...
There is a group who rarely get the recognition they deserve. In fact, they’ve become a demographic football that’s been kicked around ...
Winter – time for woolly jumpers, snuggly blankets, hot chocolate and nights by the fire… But it is also the time of year when cocooning...
Get notifications in real-time for staying up to date with content that matters to you.