Property investors who have had real estate in West Hobart, 7000 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.10%
A 45.70% growth in median value for property investors in West Hobart,7000 puts this suburb at number 135th in terms of best performing suburbs in TAS
Property buyers and investors in West Hobart 7000 should be seeing an average reduction in asking price of around -4.87% . This means that West Hobart is holding prices well when compared to other suburbs in TAS.
Renters in Suburb are facing rents around $5820 per annum or $485 every week.
At number 2nd in the list of Australian suburbs ordered by increase in median house value over the last year, West Hobart, 7000 is in the top 10% with a property value increase of 47.88% recorded in median house prices.
The five-year average increase in median property values for West Hobart,7000 has given property investors a potential capital gain of 28.42% across each of those five years.
At number 14th of TAS’s most discounted properties, West Hobart is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $382.5 weekly from the median priced house in this suburb.