The latest data as of April 30, 2018, shows the median price for a house in Knoxfield at $850,000. At the same time, the median price for a unit is $630,000. So far this year 122 houses and 15 units have been sold. The average amount of days houses are on the market is 40 and for units, it is 58.
The 12-month capital growth for houses is 14.36% and for units, it is 1.18%. The average annual capital growth for houses is 9.29% and for units, it is 7.43%. The DSR or Demand to Supply Ratio rates houses and units as good. A good rating means there are more buyers than sellers. Vendors are usually getting their asking price. Purchasers may get a good price if the property is to be sold quickly. Expect the capital growth to trend ahead of the national average for now.
House prices and weekly rent returns Knoxfield
3 bedroom house $800,000 Rent per week $400
4 bedroom house $935,000 Rent per week $480
Unit prices and weekly rent returns Knoxfield
2 bedroom unit $582,000 Rent per week $360
3 bedroom unit $661,500 Rent per week $415
Free Real Estate Appraisal Knoxfield
Are you thinking of selling your home, unit or investment property? We can give you a free market value of your property. Our appraisers will determine the property price based on location to schools, shops, amenities, public transport and recent home sales history in Knoxfield.
Free Rental Appraisal Knoxfield
Do you want to rent your existing home? Or, do you have an investment property that you need a property manager for? We work closely with all our landlords and owners. Prior to determining your expected weekly rent returns, we discuss the length of the rental, the size of the home and its proximity to shops, schools and public transport. Also factored into this is the type of tenant that is preferred. Our property management team use the latest software that manages routine inspections, rent collection and disbursements and tax accounting files. Browse and recently rented homes in Knoxfield.
Property Valuation Knoxfield
Did you know there is a difference between an appraisal and a real estate valuation? Any real estate agent or sales agent can give you an appraisal on a property. Our agency provides this service free of charge. However, if you need a valuation for legal reasons then this must be performed by a qualified valuer. They will charge you a fee to do this. A valuation will reveal things such as structural damage, its condition, the local council zoning and if there are any caveats on the property. We work closely with valuers and can point you in the right direction if you need this service.