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Property investors enjoyed capital gains of 8.85% over the last 12 months in GRINDELWALD, translating to lower returns compared with its peers in TAS.
The suburb posted a 21.51% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in GRINDELWALD.
GRINDELWALD, 7277 ranks 108th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 129th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $522,500 | $300,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 8.85% | N/A |
| Median 3 years | 21.51% | N/A |
| Median 5 years | 36.25% | N/A |
| 10 years average annual | 1.28% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 87.3 days | 0.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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