West Hobart has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 23.58% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, West Hobart comes in at number 9th in TAS.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in West Hobart itself are offering an average vendor discount of -5.12% to real estate investors.
West Hobart, 7000’s gross rental yield is 4.06%
West Hobart has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 19.98% to date .
Comparing West Hobart,7000 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
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 West Hobart, 7000. Typically our figures indicate that -5.45% is being offered, which puts this TAS suburb at 644th most discounted overall in Australia.
Often selling an investment property can take time, and in West Hobart the average time real estate has been on the market is 47.5 days.