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Based on its average 5-year and quarterly capital gains MAYFIELD, 7248 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MAYFIELD, 7248 obtained a 2.53% growth over a ten-year period. It ranks 2717th on our list of suburbs that property investors should look into.
MAYFIELD, 7248 in TAS belongs to the local government area of Launceston (C).
MAYFIELD, 7248 has a capital gain of 20% for the past year, which is higher than average compared to its 33.33% growth within a five-year period.
With the median home price in MAYFIELD sitting at $180,000, and the average rent at $250, property owners could potentially earn a 7.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MAYFIELD are high, as opposed to average gains per annum over the past five years.
A 20% increase in median property prices in MAYFIELD, 7248 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 41st.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20%||N/A|
|Median 3 years||44%||N/A|
|Median 5 years||33.33%||N/A|
|10 years average annual||2.53%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||47.3 days||N/A|
|Gross Rental Yield Percent||7.22%||N/A|
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