Giving property investors a an average capital gain of 3.16% for the last year, North Hobart, 7000 is the 2383th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, North Hobart has given property investors a paper return of -4.30%. This puts Suburb as 154 on a list of fastest fasting appreciating suburbs in TAS
Vendor discounting in North Hobart is giving property investors an average Vendor Discount of around -3.00%. This puts suburb at number 155th in TAS when ranking the most discounted suburbs.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 4.57%, investors should hope to achieve an overall return of 4.40%
With a capital gain of -2.10% for the last 12 months, North Hobart, 7000 has performed for property investments than its average annual 4.28% property growth over the last 5 years.
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.