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Property investors have seen a 3.85% gain in STRAHAN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on STRAHAN, 7468 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 19.34%.
Based on its average 5-year and quarterly capital gains STRAHAN, 7468 saw average growth 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 $270,000
Profits averaged 7.12% per annum over a 3-year period, due to an upward trend in home prices in STRAHAN, 7468.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in STRAHAN, 7468 is 6.74%.
An average of 2.25 real estate transactions take place per month in STRAHAN which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.34%||N/A|
|Median 3 years||21.35%||N/A|
|Median 5 years||42.11%||N/A|
|10 years average annual||4.91%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||81.6 days||N/A|
|Gross Rental Yield Percent||6.74%||N/A|