Based on its average 5-year and quarterly capital gains TRANMERE, 7018 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that TRANMERE, 7018 obtained a 3.08% growth over a ten-year period. It ranks 2378th on our list of suburbs that property investors should look into.
TRANMERE, 7018 in TAS belongs to the local government area of Clarence.
TRANMERE, 7018 has a capital gain of -3% for the past year, which is lower than average compared to its 31.35% growth within a five-year period.
With the median home price in TRANMERE sitting at $630,500, and the average rent at $540, property owners could potentially earn a 4.45% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TRANMERE are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in TRANMERE, 7018 translates to a 31.59% capital gain.
TRANMERE, 7018 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $598,750.
Profits due to an upward trend in home prices in TRANMERE, 7018 averaged 10.53% per annum over a 3-year period.
Home owners selling their properties and realtors in TRANMERE usually have to wait an average of 45.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in TRANMERE.
TRANMERE, 7018 places 28th in Australia based on median property value growth during the quarter.