Property investing‘s best-kept secret
One word: commercial. ...
Figures from the previous quarter show that capital gains for real estate buyers in MYAREE are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
On average, rents on listings have reached the $460 mark, reflecting a 3.72% increase in returns based on the current median price in MYAREE.
MYAREE, 6154 ranks 301st in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 313th on the list of best yielding suburbs for rental properties in WA, posting a 3.72% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $642,500 | $398,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -0.39% | 6.99% |
| Median 3 years | -8.21% | N/A |
| Median 5 years | -10.76% | 2.05% |
| 10 years average annual | 0.13% | 1.16% |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 87.3 days | 0.0 days |
| Gross Rental Yield Percent | 3.72% | N/A |
One word: commercial. ...
Because commercial has the potential to pay itself off in just 10 to 12 years, that means debt-free passive income much sooner. ...
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While picking the right commercial asset to invest in can be a challenge, when you do get it right, it is more lucrative than residential in...
The federal and local governments have launched several grants and assistance programs to help their citizens achieve the great Australian d...
Fewer homes are scheduled for auction this week as the months-long acceleration in the auction market cools off. ...
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