TAS has seen average median house prices change by 3.08% which means that West Hobart, 7000 has done well for property investors by showing a capital gain of 12.97% over the last year
Across a shorter period, West Hobart, 7000 has seen a median price increase of 7.48% over the last quarter.
The most recent median price for West Hobart is $575000, with sellers offering an average of -4.82% off the asking price.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
West Hobart is 118th on a list of best yielding suburbs for rents in TAS with a 4.34% return
West Hobart, 7000 ranked 32th in TAS when comparing growth in median property values or capital gain over the last 12 months. West Hobart is one of 606 in our list for TAS
Comparing West Hobart,7000 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in West Hobart are currently offering property investors an average price cut of -5.29% below the asking price at the moment.
At number 288 in a list of fastest selling suburbs, West Hobart is in the TOP 20% of suburbs in Australia with an average of days on market 53.6 for properties listed there.
Renters in Suburb are facing rents around $4110 per annum or $342.5 every week.