A 30.36% 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 11th.
A steady increase in median property prices over a five-year period in the suburb translates to a 25.86% 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 $365,000
The augmented property values in the suburb are trailing above the territorial average of 7.93% in 2016.
Home owners selling their properties and realtors in LACHLAN usually have to wait an average of 79.3 days days before their assets are lifted off the market.
The TAS suburb ranks 145th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.
These people commenting on negative...
Apra has got it wrong. They went too far...
Love these helping hints. I bought a...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal