Property investors enjoyed capital gains of 11.6% over the last 12 months in FERN TREE, translating to lower returns compared with its peers in TAS.
The suburb posted a 7.12% 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 FERN TREE.
FERN TREE, 7054 ranks 77th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 167th 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||11.6%||N/A|
|Median 3 years||7.12%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||3.23%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|