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May 19, 2017, 4:50 a.m.
Bendigo Property Research Factsheet 1st Half 2017
The Bendigo property market proves its strength with positive growth recorded for both house and unit. Medium price grew 9.2% for house and 8.3% for unit, indicating a strong level of demand within the Bendigo market.
May 19, 2017, 4:43 a.m.
Port Macquarie Property Factsheet 1st Half 2017
Port Macquarie is the next investment hotbed as rental returns sit at 4.7% (houses) and 5.4% (units). Number of properties being rented are increasing as vacancy rates continue to decline. Property sales are hot for owner occupiers and investors as days on market declines.
May 19, 2017, 4:34 a.m.
Norwest Property Research Factsheet 1st Half 2017
Looking to invest? The Norwest area has seen a respective price growth of 8.5% (house) and 8.9% (unit) over the 12 months to Q4 2016. The area is set to see substantial commercial project development of approx. $344.9M during the first half of 2017, indicating growing business activity and increased employment opportunities. These factors suggest the Norwest area provides conducive long term investment fundamentals.
May 19, 2017, 4:16 a.m.
Fairfield Research Factsheet 1st Half 2017
Looking to invest in a growing area? The Fairfield market is set to see a respective $250M of projects in the first half of 2017, with the majority of development set to commence in the commercial sector. This indicates growing business activity, renewal and increased employment opportunities which are ideal for the astute investor.
May 19, 2017, 4:06 a.m.
Surfers Paradise Research Factsheet 1st Half 2017
Surfers Paradise’s $1M housing market is on a softening trend, perfect timing for those wanting to enter the market. Its unit market is more affordable than Gold Coast City ($360,000 compared to $400,000), suggesting Surfers Paradise as a more affordable option for first home buyers.
May 19, 2017, 3:59 a.m.
Palm Beach Research Factsheet 1st Half 2017
Palm Beach offers a more affordable unit market compared to Gold Coast City, with higher annual growth (8.1% compared to 3.9%). Its rental market is a hotbed for investors, with prices increasing by 7.3% for houses and 10.9% for units over the past twelve months.
May 19, 2017, 3:52 a.m.
New Norfolk Research Factsheet 1st Half 2017
New Norfolk provides an affordable alternative within the Derwent Valley LGA, with median house price of $187,500. Low vacancy rates of 0.5% continue to reflect the strong rental demand for the area, with astute investors benefiting from impressive rental yields of 6.9% (house) and 4.8% (units).
May 16, 2017, 2:07 a.m.
Tumut Property Factsheet 1st Half 2017
Tumut is an investment hotbed as rental returns sit at 5.8% (houses) and 5.2% (units). Number of properties being rented have increased dramatically since 2016 while vacancy rates remain low at 1.2%. Meanwhile median rent holds steady providing attractive opportunities for astute investors.
May 16, 2017, 1:44 a.m.
Geelong Research Factsheet 1st Half of 2017
Market competition in Geelong is heating up, with sellers achieving closer to their first asking price and leaving little room (-1.7% for house and -1.6% for units) for price negotiation. A four year low vacancy rate of 2.5% demonstrates increasing rental demand, conducive for investment.
May 16, 2017, 1:35 a.m.
Buninyong Research Factsheet 1st Half of 2017
The Buninyong property market recorded a median house price of $416,000 in Q1 2017, representing an annual price change of 15.6%. Buninyong house prices and house growth are well above the City of Ballarat, indicating an attractive market for buyers (value-retention) and investors (better returns).