Property investors enjoyed capital gains of 1.97% over the last 12 months in SHEFFIELD, 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 4.55% growth over a ten-year period. It ranks 1811th on our list of suburbs that property investors should look into.
SHEFFIELD, 7306 has a capital gain of 1.97% for the past year, which is lower than average compared to its 16.25% growth within a five-year period.
With the median home price in SHEFFIELD sitting at $232,500, and the average rent at $250, property owners could potentially earn a 5.59% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SHEFFIELD are high, as opposed to average gains per annum over the past five years.
SHEFFIELD, 7306 in TAS belongs to the local government area of Kentish.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.97%||N/A|
|Median 3 years||-5.1%||N/A|
|Median 5 years||16.25%||N/A|
|10 years average annual||4.55%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||116.1 days||N/A|
|Gross Rental Yield Percent||5.59%||N/A|