Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Property investors enjoyed capital gains of 33.32% over the last 12 months in LEWISHAM, translating to lower returns compared with its peers in TAS.
A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 10.53% growth over a ten-year period. It ranks 3136th on our list of suburbs that property investors should look into.
LEWISHAM, 7173 has a capital gain of 33.32% for the past year, which is higher than average compared to its 79.43% growth within a five-year period.
A 33.32% increase in median property prices in LEWISHAM, 7173 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 4th.
Figures from the previous quarter show that capital gains for real estate buyers in LEWISHAM are low, as opposed to average gains per annum over the past five years.
LEWISHAM, 7173 in TAS belongs to the local government area of Sorell (M).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $596,600 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.61% | N/A |
| Median 12 month | 33.32% | N/A |
| Median 3 years | 54.96% | N/A |
| Median 5 years | 79.43% | N/A |
| 10 years average annual | 10.53% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 35.5 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Experts are confident that the concept of the office will survive the COVID-19 pandemic, but are predicting work arrangements could take on ...
Australian first home buyers dominated the market in 2020, increasing their market share by 50.4 per cent in the past year. ...
The rate of workers returning to the office has decelerated nationwide, suggesting there is a long way to go to before Australia’s commerc...
The Victorian and NSW governments have announced new standards for apartment buildings, as both look to create greener buildings for resid...
Australia’s GDP has grown by 3.1 per cent during the December quarter, beating market expectations of a 2.5 per cent increase, official fi...
Get notifications in real-time for staying up to date with content that matters to you.
