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 have seen a 0% gain in SCAMANDER based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SCAMANDER, 7215 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 17.83%.
Based on its average 5-year and quarterly capital gains SCAMANDER, 7215 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 $380,000
Profits averaged 15.38% per annum over a 3-year period, due to an upward trend in home prices in SCAMANDER, 7215.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in SCAMANDER, 7215 is 4.65%.
An average of 2.08 real estate transactions take place per month in SCAMANDER which translates to 25 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 17.83% | N/A |
| Median 3 years | 46.15% | N/A |
| Median 5 years | 58.33% | N/A |
| 10 years average annual | 8.95% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 155.7 days | N/A |
| Gross Rental Yield Percent | 4.65% | N/A |
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