House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors enjoyed capital gains of 34.92% over the last 12 months in WEST ULVERSTONE, 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 6.39% growth over a ten-year period. It ranks 1762nd on our list of suburbs that property investors should look into.
WEST ULVERSTONE, 7315 has a capital gain of 34.92% for the past year, which is higher than average compared to its 59.18% growth within a five-year period.
With the median home price in WEST ULVERSTONE sitting at $425,000, and the average rent at $360, property owners could potentially earn a 4.4% increase in gross rental yield.
A 34.92% increase in median property prices in WEST ULVERSTONE, 7315 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 42nd.
Figures from the previous quarter show that capital gains for real estate buyers in WEST ULVERSTONE are low, as opposed to average gains per annum over the past five years.
WEST ULVERSTONE, 7315 in TAS belongs to the local government area of Central Coast (M) (Tas.).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||34.92%||2.74%|
|Median 3 years||54.55%||-2.04%|
|Median 5 years||59.18%||32.74%|
|10 years average annual||6.39%||2.72%|
|Weekly media advert. rent||$360||N/A|
|Time on Market||28.3 days||0.0 days|
|Gross Rental Yield Percent||4.4%||N/A|