Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors enjoyed capital gains of 29.4% over the last 12 months in CLAREMONT, translating to lower returns compared with its peers in TAS.
A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 8.37% growth over a ten-year period. It ranks 683rd on our list of suburbs that property investors should look into.
CLAREMONT, 7011 has a capital gain of 29.4% for the past year, which is higher than average compared to its 104.56% growth within a five-year period.
With the median home price in CLAREMONT sitting at $531,850, and the average rent at $450, property owners could potentially earn a 4.4% increase in gross rental yield.
A 29.4% increase in median property prices in CLAREMONT, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 77th.
Figures from the previous quarter show that capital gains for real estate buyers in CLAREMONT are low, as opposed to average gains per annum over the past five years.
CLAREMONT, 7011 in TAS belongs to the local government area of Glenorchy (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||29.4%||21.47%|
|Median 3 years||45.71%||40.5%|
|Median 5 years||104.56%||98.82%|
|10 years average annual||8.37%||6.48%|
|Weekly media advert. rent||$450||$390|
|Time on Market||21.1 days||16.1 days|
|Gross Rental Yield Percent||4.4%||4.81%|