Property investors enjoyed capital gains of 14.16% over the last 12 months in OAKDOWNS, translating to lower returns compared with its peers in TAS.
The suburb posted a 19.03% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in OAKDOWNS.
OAKDOWNS, 7019 ranks 48th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 138th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.16%||7.14%|
|Median 3 years||19.03%||14.29%|
|Median 5 years||30.49%||14.5%|
|10 years average annual||3.48%||2.72%|
|Weekly media advert. rent||N/A||$290|
|Time on Market||20.9 days||66.4 days|
|Gross Rental Yield Percent||N/A||5.03%|