Property investors have seen a -2.46% 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 decrease 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 $278,000
Profits averaged -4.82% per annum over a 3-year period, due to an downward trend in home prices in EVANDALE, 7212.
This means, real estate investors could earn a rental income of $285 based on current median home prices for the suburb.
The gross rental yield in EVANDALE, 7212 is 5.33%.
An average of 2.58 real estate transactions take place per month in EVANDALE which translates to 31 per annum.
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