High-end capital city markets lead property upswing
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a -0.69% decrease over a ten-year period. It ranks 4223rd on our list of suburbs that property investors should look into.
MCKAIL, 6330 has a capital gain of -0.26% for the past year, which is higher than average compared to its -4% growth within a five-year period.
With the median home price in MCKAIL sitting at $384,000, and the average rent at $392.5, property owners could potentially earn a 5.32% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MCKAIL are high, as opposed to average gains per annum over the past five years.
MCKAIL, 6330 in WA belongs to the local government area of Albany (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $384,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.49% | N/A |
| Median 12 month | -0.26% | N/A |
| Median 3 years | -0.45% | N/A |
| Median 5 years | -4% | N/A |
| 10 years average annual | -0.69% | N/A |
| Weekly media advert. rent | $392.5 | N/A |
| Time on Market | 86.0 days | N/A |
| Gross Rental Yield Percent | 5.32% | N/A |
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...
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. ...
There are many individuals out there with portfolios worth under or around $5 million. However, you very rarely hear about people with portf...
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...
Get notifications in real-time for staying up to date with content that matters to you.
