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 Price | $160,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -16.67% | N/A |
| 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 |
If Apra think they are going to lower...
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