North Hobart is in the TOP 10% in TAS when comparing median price capital growth over the last year. North Hobart gave property investors a very good capital gain figure when compared to the rest of the state, with 20.92%.
If we look at median property appreciation over just the last three months, North Hobart has given property investors a paper return of 13.12%. This puts Suburb as 10 on a list of fastest fasting appreciating suburbs in TAS
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in North Hobart itself are offering an average vendor discount of -3.00% to real estate investors.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
The TAS suburb of North Hobart, 7000 is in the Hobart local government area.
Over the last year, property investments in North Hobart, 7000 have given investors a capital gain of -6.24%. This compares very badly with the 0.89% for TAS as a whole.
Taking the average capital gain, or increase in median house value, North Hobart,7000 has racked up an average of -6.24% over the period. This ranks it number 1007th in the whole country for real estate investors looking at median house price increases.
North Hobart7000 is located in TAS which offers an average discount of -5.48% to property investors. North Hobart itself is showing figures that indicate -2.64% is the average achievable by property buyers investing in the suburb.
In the last year 17 properties changed hands in North Hobart, which puts it as the 30th most active market in TAS when comparing the number of sales per suburb.
North Hobart, 7000’s gross rental yield is 5.18%