Property investors have seen a -16.67% drop in STRAHAN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains STRAHAN, 7468 saw average decrease in the long term.
the TAS suburb 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 $160,000
Profits averaged -2.5% per annum over a 3-year period, due to an downward trend in home prices in STRAHAN, 7468.
This means, real estate investors could earn a rental income of $210 based on current median home prices for the suburb.
The gross rental yield in STRAHAN, 7468 is 6.83%.
An average of 1.58 real estate transactions take place per month in STRAHAN which translates to 19 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-22.71%||N/A|
|Median 3 years||-7.51%||N/A|
|Median 5 years||-13.04%||N/A|
|10 years average annual||2.31%||N/A|
|Weekly media advert. rent||$210||N/A|
|Time on Market||139.0 days||N/A|
|Gross Rental Yield Percent||6.83%||N/A|