BLACKMANS BAY ranks 31st in TAS when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 34.83% for the past year is higher than average compared to its 61.62% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in BLACKMANS BAY, the median home price is sitting at $600,000, and the average rent at $450, this suggests property owners could potentially earn a 3.9% increase in gross rental yield.
Property investors have seen a 12.46% gain in BLACKMANS BAY based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BLACKMANS BAY, 7052 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 34.83%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.26% growth over a ten-year period. It ranks 1192nd on our list of suburbs that property investors should look into.
A 12.12% increase in median property prices in BLACKMANS BAY, 7052 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 19th.
A steady increase in median property prices over a five-year period in BLACKMANS BAY, 7052 translates to a 16.54% capital gain.
BLACKMANS BAY, 7052 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 $370,000.
Augmented property values in BLACKMANS BAY are trailing above the TAS average of 7.14% for the past year.
Real estate investors could earn a rental income of $345 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BLACKMANS BAY usually have to wait an average of 41.1 days days before their assets are lifted off the market.
BLACKMANS BAY ranks 49th on the list of best yielding suburbs for rental properties in TAS, posting a 4.85% return.
BLACKMANS BAY, 7052 places th in Australia based on median property value growth during the quarter.