SNUG, 7054 ranks 155th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28.36% for property investors.
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 $430,000.
The upward trend in home prices in SNUG, 7054 averaged 11.25% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SNUG.
An average of 1.58 real estate transactions take place per month in SNUG which translates to 19 per annum.
19 properties were sold in SNUG in 2016, making it the 129th most active market in TAS based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.36%||N/A|
|Median 3 years||33.75%||N/A|
|Median 5 years||39.61%||N/A|
|10 years average annual||3.98%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||72.2 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|