Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Sydney property prices went up by 30% while Darwin house prices increased by 92% and prices in Melbourne rose 61% in the past 5 years. Hobart had median price increases of 31% in the five years to the end of September 2010, RP Data’s property pulse report showed. Across Australia combined property values increased by …
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Property investors can achieve an average 233% return on investment property in Sydney if they buy in 1993 and hold the property to 2010. Sydney’s median house price rose 233 per cent between the June quarter of 1993 and the June quarter of 2010, from $188,050 to $626,444, according to the latest housing price figures …
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Economic forecaster BIS Shrapnel is expecting house prices to rise between 11 and 22 per cent across the major cities over the next three years. Perth is expected to lead the trend, with house price growth of 22 per cent, in front of growth in Sydney and Adelaide of 20 per cent. House prices in …
House prices in Australia are being tipped to stabilise over the next six to 12 months, after posting very strong growth over the last year. The international estate agent Knight Frank has published its Global House Price Index, which ranks Australia as the fourth-fastest growing property market in the world, behind China, Hong Kong and …
Do you know that there are some so-called “No Go Zones” that investors should not buy investment properties because of poor capital growth? Sutherland Shire south of the Sydney city has been named as one of the worst areas in the nation to invest in real estate because of poor road links to the central …
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Property prices ware up by 4.2 per cent across capital cities in the March quarter, a new survey says. The RP Data – Rismark Hedonic Home Value index, released on Friday, said property prices in the capital cities rose by an average 12.5 per cent in the year to March 31. Rismark chief executive Christopher Joye said …
A new report has found that growth in house prices is set to slow in 2010 due to rising interest rates and falling housing finance figures. The Australian Property Monitors’ Quarterly Housing report shows that national median house prices grew just over 3 per cent in March and there was an annual growth rate of …
A property forecaster says rents are likely to climb between 6 and 7 per cent this year, after stagnating last year. The rental report by Australian Property Monitors shows average capital city rents increased by only 2 per cent last year but have already gone up 1.5 per cent in the first three months of …
The Real Estate Institute of South Australia says the housing affordability in South Australia compared to all other states, still remains probably one of the best although the median house price for metropolitan Adelaide has passed the $400,000 mark for the first time. The Real Estate Institute of South Australia says the median house price …
Continue reading “Looking to buy investment properties? Adelaide might be a good choice!”
House prices have risen by 3.4 percent in Jan & Feb so far this year despite recent interest rate rises and warnings on further rate increase from the Reserve Bank of Australia. At this rate, we might see 20% increase in house prices across Australian capital cities in 2010. The RP Data/Rismark Hedonic Home Value …
Suburb, State, Region, House, Number Sold, Median Price, Average Annual Growth (last 10 yrs) Silkwood QLD Far North House 10 $235,000 35.0% Tullah TAS Mersey-Lyell House 11 $132,500 34.9% Gravelly Beach TAS Northern House 15 $215,000 34.6% Gunning NSW South Eastern House 10 $283,000 34.5% Lloyd NSW Murrumbidgee House 17 $316,790 34.1% Collie WA South …
Continue reading “Top 20 regional property markets with greatest price growth”
According to RP data, here are the top 20 suburbs in capital cities with greatest property price growth. Suburb State, Region, House, Number Sold, Median Price, Average Annual Growth (last 10 yrs) Oakdowns TAS Greater Hobart Unit 22 $275,000 34.6% Herne Hill WA Perth House 10 $595,000 34.4% Blairmount NSW Sydney House 10 $327,750 33.3% …
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Melbourne property prices are booming. Melbourne’s property market is showing no sign of slowing, after a record breaking week of property sales. More than $1 billion worth of real estate was sold last week and the clearance rate from auctions at the weekend was 86 per cent. According to the Real Estate Institute of Victoria says …
Australia housing prices increased 1.8 per cent in January, according to RP Data, taking them 11.8 per cent higher in 12 months. “What makes me angry is that my father was able to buy a three bedroom house in Williamstown and support a family (my mother didn’t work) on the average income of a school teacher,” said …
Continue reading “Housing prices increased almost 2 percent in January 2010”
Rents for three-bedroom homes in Sydney’s outer suburbs rose an average of 9.4 per cent last year, despite the global financial crisis during which rents in inner suburbs went up by less than a quarter of that rate. The latest rent and sales report from Housing NSW reveals that the sharp increase in rents for …
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