Cremorne

Property investors enjoyed capital gains of 58.25% over the last 12 months in Cremorne, translating to lower returns compared with its peers in TAS.

Figures from the previous quarter show that capital gains for real estate buyers in Cremorne are low, as opposed to average gains per annum over the past five years.

The suburb posted a 53.5% 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 Cremorne.

Cremorne, 7024 ranks 2nd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 136th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.