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Property investors have seen a 2.27% gain in EVANDALE based on an increase 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 $562,500
Profits averaged 20.78% 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 $427.5 based on current median home prices for the suburb.
The gross rental yield in EVANDALE, 7212 is 3.95%.
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||9.44%||N/A|
|Median 3 years||62.34%||N/A|
|Median 5 years||59.57%||N/A|
|10 years average annual||8.4%||N/A|
|Weekly media advert. rent||$427.5||N/A|
|Time on Market||25.1 days||N/A|
|Gross Rental Yield Percent||3.95%||N/A|