Property investors have seen a 12.5% gain in STRAHAN based on an increase in median home prices for the past three months.
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 $180,000
Profits averaged -0.28% 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 6.07%.
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||-0.28%||N/A|
|Median 3 years||-0.83%||N/A|
|Median 5 years||-14.29%||N/A|
|10 years average annual||3.4%||N/A|
|Weekly media advert. rent||$210||N/A|
|Time on Market||150.8 days||N/A|
|Gross Rental Yield Percent||6.07%||N/A|