GARDNERS BAY, 7112 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in TAS have risen as a whole, pulling GARDNERS BAY, 7112 values up and netting property investors a capital gain of 11.11% for the past year.
Investors saw the median home price rise to $400,000.
GARDNERS BAY now ranks at the 90th place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GARDNERS BAY, homes and units usually stay on listing for an average of 132.6 days.
In 2016, 12 properties were sold in GARDNERS BAY during the past year, making it the 175th most active market in TAS based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.11%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||3.49%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||132.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|