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...
EAGLEHAWK NECK, 7179 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 $380,000.
Profits due to an upward trend in home prices in the suburb averaged 1.85% per annum over a 3-year period.
EAGLEHAWK NECK now ranks at the th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in EAGLEHAWK NECK are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In EAGLEHAWK NECK, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 12 properties were sold in EAGLEHAWK NECK during the past year, making it the 160th most active market in TAS based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -8.43% | N/A |
| Median 3 years | 5.56% | N/A |
| Median 5 years | 34.51% | N/A |
| 10 years average annual | 8.86% | 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 |
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