House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
A 14.31% increase in median property prices in LACHLAN, 7140 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 72nd.
A steady increase in median property prices over a five-year period in the suburb translates to a 32.67% capital gain.
It 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 $367,500
The augmented property values in the suburb are trailing above the territorial average of 10.51% in 2016.
Home owners selling their properties and realtors in LACHLAN usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The TAS suburb ranks 138th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.
It also places places 132nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $367,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.68% | N/A |
| Median 12 month | 14.31% | N/A |
| Median 3 years | 32.67% | N/A |
| Median 5 years | 34.86% | N/A |
| 10 years average annual | 3.27% | 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 |
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
Following the NSW Premier’s plans to continue to address population growth, a property expert has stressed the importance for any proposal...
A new ranking has placed Sydney in sixth place for the highest number of property sales worth more than US$25 million. ...
Selling your own home is about confidence. Here’s how to do it without a real estate agent to hold your hand. ...
Experts and seasoned investors have always highlighted the importance of research before diving into the property game, but what factors are...
A report by the ACCC has found that the pricing of residential mortgages by the major banks is too opaque, making it too time consuming for ...