Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $355,000.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in DROMEDARY.
An average of 1.08 real estate transactions take place per month in DROMEDARY which translates to 13 per annum.
13 properties were sold in DROMEDARY in 2016, making it the 167th most active market in TAS based on total real estate transactions.
DROMEDARY, 7030 places 140th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.27%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-3.27%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||75.3 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|