AREA REPORTS

Westbury

 

 

TAS/
Westbury

Suburb Profile

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

house

A steady increase in median property prices over a five-year period in the suburb translates to a 15.38% 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 $300,000

The augmented property values in the suburb are trailing behind the territorial average of 10.01% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $270.

Home owners selling their properties and realtors in WESTBURY usually have to wait an average of 107.7 days days before their assets are lifted off the market.

The TAS suburb ranks 96th on the list of best yielding suburbs for rental properties in TAS, posting a 4.68% return.

It also places places 65th 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 $300,000 N/A
GROWTH REPORT
Median Quarterly 3.45% N/A
Median 12 month 9.09% N/A
Median 3 years 15.38% N/A
Median 5 years 25% N/A
10 years average annual 3.67% N/A
Weekly media advert. rent $270 N/A
Time on Market 107.7 days N/A
Gross Rental Yield Percent 4.68% N/A
demographics (median values)
Total Population
1917
Weekly Household Income
676.4
Household Size
2.40
demographics
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