Property investors enjoyed capital gains of 5.08% over the last 12 months in MIANDETTA, 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 1.09% growth over a ten-year period. It ranks 3550th on our list of suburbs that property investors should look into.
MIANDETTA, 7310 has a capital gain of 5.08% for the past year, which is higher than average compared to its 6.29% growth within a five-year period.
With the median home price in MIANDETTA sitting at $279,000, and the average rent at $290, property owners could potentially earn a 5.41% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MIANDETTA are low, as opposed to average gains per annum over the past five years.
MIANDETTA, 7310 in TAS belongs to the local government area of Devonport.