Property investors have seen a -5.33% drop in EVANDALE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EVANDALE, 7212 saw average growth in the long term.
the TAS suburb 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 $302,000
Profits averaged 3.14% per annum over a 3-year period, due to an upward trend in home prices in EVANDALE, 7212.
This means, real estate investors could earn a rental income of $282.5 based on current median home prices for the suburb.
The gross rental yield in EVANDALE, 7212 is 4.86%.
An average of 2 real estate transactions take place per month in EVANDALE which translates to 24 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.9%||N/A|
|Median 3 years||9.42%||N/A|
|Median 5 years||4.14%||N/A|
|10 years average annual||4.82%||N/A|
|Weekly media advert. rent||$282.5||N/A|
|Time on Market||121.9 days||N/A|
|Gross Rental Yield Percent||4.86%||N/A|