Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
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Property investors have seen a -0.56% drop in HILLMAN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HILLMAN, 6168 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 $221,250
Profits averaged -8.12% per annum over a 3-year period, due to an downward trend in home prices in HILLMAN, 6168.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in HILLMAN, 6168 is 6.58%.
An average of 2.17 real estate transactions take place per month in HILLMAN which translates to 26 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $221,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.56% | N/A |
| Median 12 month | -5.85% | N/A |
| Median 3 years | -24.36% | N/A |
| Median 5 years | -29.98% | N/A |
| 10 years average annual | -2.09% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 79.6 days | N/A |
| Gross Rental Yield Percent | 6.58% | N/A |
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