At number 329th in the list of Australian suburbs ordered by increase in median house value over the last year, North Hobart, 7000 is in the top 10% with a property value increase of 17.61% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, North Hobart comes in at number 36th in TAS.
Vendor discounting in North Hobart is giving property investors an average Vendor Discount of around -3.26%. This puts suburb at number 155th in TAS when ranking the most discounted suburbs.
Residents and property investors in North Hobart have been waiting around 22.87 days to sell a property.
Giving property investors a an average capital gain of 2.90% for the last year, North Hobart, 7000 is the 874th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Hobart has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Hobart, 7000. Typically our figures indicate that -2.39% is being offered, which puts this TAS suburb at 1400th most discounted overall in Australia.
North Hobart is 44th on a list of best yielding suburbs for rents in TAS with a 5.18% return