Giving property investors a a solid capital gain of 16.49% for the last year, West Hobart, 7000 is the 387th highest performer in Australia in this respect.
The five-year average increase in median property values for West Hobart,7000 has given property investors a potential capital gain of 24.18% across each of those five years.
Property investors looking for a bargain in West Hobart should be aiming for at least -6.38% off the asking price, which is the average vendor discount being achieved at the moment.
West Hobart, 7000’s gross rental yield is 4.33%
Investment property in West Hobart has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.97%
When looking at the potential capital gains offered to property investors over the last 3 years, West Hobart comes in at number 43th in TAS.
At number 28th of TAS’s most discounted properties, West Hobart is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in West Hobart the average time real estate has been on the market is 55.93 days.
The TAS suburb of West Hobart, 7000 is in the Hobart local government area.