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Homeowners and real estate investors betting on BEAUTY POINT, 7270 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 35.12%.
A steady increase in median property prices over a five-year period in the suburb translates to a 61.89% capital gain.
Property investors in BEAUTY POINT enjoyed capital gains of 35.12% over the last 12 months translating to lower returns compared with its peers in the territory.
The 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 $429,000.
Profits due to an upward trend in home prices there averaged 20.63% per annum over a 3-year period.
Home owners selling their properties and realtors in BEAUTY POINT usually have to wait an average of 24.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $335 mark, reflecting a 4.06% increase in returns based on the current median price in BEAUTY POINT.
BEAUTY POINT, 7270 places 23rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||35.12%||N/A|
|Median 3 years||61.89%||N/A|
|Median 5 years||90.67%||N/A|
|10 years average annual||7.19%||N/A|
|Weekly media advert. rent||$335||N/A|
|Time on Market||24.0 days||N/A|
|Gross Rental Yield Percent||4.06%||N/A|