How Much is my Home Worth in Longford?
On March 1, 2019, the median price for a house in Longford was $300,000. On the same date, the median price of a unit was $285,000. To date, there have been 90 houses sold and 32 units sold this year. Of all the house sales 39 were 3 bedroom houses. The DSR or Demand to Supply Ratio rates an investment in a house or a unit as good A good rating indicates that demand is ahead of supply. This is a good market for investors. Sellers are generally getting their asking price. Expect the capital growth to trend ahead of the national average.
The 12-month capital growth in Longford is at 6.43% for houses and 4.85% for units. The average annual capital growth is 2.00% for houses and 4.75% for units. It takes on average approximately 56 days to sell a house and 75 days to sell a unit.
House prices and weekly rent returns in Longford
- 2 bedroom house $270,000 Rent per week $253
- 3 bedroom house $305,000 Rent per week $300
- 4 bedroom house $322,000 Rent per week No Data
Unit prices and weekly rent returns in Longford
- 2 bedroom unit $282,000 Rent per week $270
The gross rental yield is 5.41% for houses and 5.01% for units.
Free Real Estate Appraisal Longford
Are you contemplating selling your home or unit? Or, do you own an investment property you want to know the market value? Our property appraisal team provides a free property appraisal of homes, units or land. We base our market price on recent sales history. We also factor in the location of schools, shops, and amenities. We will present a professional report as to the current value of your home.
Free Rental Appraisal Longford
Are you moving and want to rent ou your home? Or, do you own an investment property and need the services of a property manager? Our property management team manage multiple properties. The will give you a free and accurate appraisal of your expected weekly rental return. Our staff uses the latest software to perform routine inspections, collect the rental fee and maintain your property. Each landlord receives full tax accounting documentation in a format of your choice.
Property Valuation Longford
Are you aware there is a difference between a property appraisal and a property valuation? If for some legal reason you need your property valued then you must engage the services of a registered valuer. This service will come with a see. Appraisals can be performed by a licenced real estate agent. In this case, our appraisers will do this for free.
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