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Westbury

Suburb Profile

Westbury - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7303

house

A 22.98% increase in median property prices in WESTBURY, 7303 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 24th.

A steady increase in median property prices over a five-year period in the suburb translates to a 30.34% capital gain.

It 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 $381,250

The augmented property values in the suburb are trailing above the territorial average of 10.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $295.

Home owners selling their properties and realtors in WESTBURY usually have to wait an average of 43.5 days days before their assets are lifted off the market.

The TAS suburb ranks 91st on the list of best yielding suburbs for rental properties in TAS, posting a 4.02% return.

It also places places 144th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $381,250 N/A
GROWTH REPORT
Median Quarterly -3.42% N/A
Median 12 month 22.98% N/A
Median 3 years 30.34% N/A
Median 5 years 46.63% N/A
10 years average annual 3.89% N/A
Weekly media advert. rent $295 N/A
Time on Market 43.5 days N/A
Gross Rental Yield Percent 4.02% N/A
demographics (median values)
Total Population
1917
Weekly Household Income
676.4
Household Size
2.40
demographics
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