How to avoid buying overvalued properties
As stock levels continue to remain low and first-time buyers rush the market, it is becoming increasingly difficult for property investors t...
Property investors have seen a -1.08% drop in HAMILTON HILL based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HAMILTON HILL, 6163 saw average decrease in the long term.
The WA suburb also 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 $460,000
Profits averaged -2.17% per annum over a 3-year period, due to an downward trend in home prices in HAMILTON HILL, 6163.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in HAMILTON HILL, 6163 is 4.18%.
An average of 12.75 real estate transactions take place per month in HAMILTON HILL which translates to 153 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $460,000 | $235,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.08% | -8.74% |
| Median 12 month | -2.13% | -24.19% |
| Median 3 years | -6.5% | -36.31% |
| Median 5 years | -16.36% | -38.16% |
| 10 years average annual | 1% | -1.01% |
| Weekly media advert. rent | $370 | $290 |
| Time on Market | 91.3 days | 75.0 days |
| Gross Rental Yield Percent | 4.18% | 6.42% |
As stock levels continue to remain low and first-time buyers rush the market, it is becoming increasingly difficult for property investors t...
New rules in Western Australia have allowed tenants to secure their furniture to the walls of their rental home to create a child-safe envir...
The prospects of getting on the property ladder have improved, and it has sparked more first home buyers to set their roots. ...
Properties within a 10km radius of the Brisbane CBD are tipped to boom as oversupply issues that have plagued the market disappear, industry...
New research has revealed that most Australian property investors choose to buy a property in the suburb they live in. Data from 1,150,000 m...
Over the years, accountant Michael Johnson has serviced seasoned property investors, doing the “heavy lifting” for portfolios with more ...
Get notifications in real-time for staying up to date with content that matters to you.