Property investments in GAGEBROOK fare well against the rest of the country last year, registering a median home price increase of 8.61%.
Based on its average 5-year and quarterly capital gains GAGEBROOK, 7030 saw average growth in the long term.
Real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 54.3 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $145,000.
GAGEBROOK ranks 4th on the list of best yielding suburbs for rental properties in TAS, posting a 8.97% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.61%||N/A|
|Median 3 years||16.47%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||6.53%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||54.3 days||N/A|
|Gross Rental Yield Percent||8.97%||N/A|