Property value increases in North Hobart have tracked higher than the TAS average of 8.18% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, North Hobart comes in at number 4th in TAS.
At number 127th of TAS’s most discounted properties, North Hobart is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 109 in a list of fastest selling suburbs, North Hobart is in the TOP 10% of suburbs in Australia with an average of days on market 29.05 for properties listed there.
North Hobart, 7000’s gross rental yield is 4.09%
North Hobart has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 1.84% to date .
Taking the average capital gain, or increase in median house value, North Hobart,7000 has racked up an average of 1.84% over the period. This ranks it number 739th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $450 mark per week – giving a return of 5.13% based on the median price in Suburb