House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors enjoyed capital gains of 16.83% over the last 12 months in LOW HEAD, translating to lower returns compared with its peers in TAS.
A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 10.71% growth over a ten-year period. It ranks 3983rd on our list of suburbs that property investors should look into.
LOW HEAD, 7253 has a capital gain of 16.83% for the past year, which is lower than average compared to its 110.71% growth within a five-year period.
With the median home price in LOW HEAD sitting at $590,000, and the average rent at $350, property owners could potentially earn a 3.08% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LOW HEAD are low, as opposed to average gains per annum over the past five years.
LOW HEAD, 7253 in TAS belongs to the local government area of George Town (M).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.83%||N/A|
|Median 3 years||79.33%||N/A|
|Median 5 years||110.71%||N/A|
|10 years average annual||10.71%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||14.0 days||N/A|
|Gross Rental Yield Percent||3.08%||N/A|