TAS has seen average median house prices change by 3.72% which means that Battery Point, 7004 has done well for property investors by showing a capital gain of 4.24% over the last year
Battery Point,7004 was ranked 3292 in Australia by increase in median property value over the quarter.
With the median price for a house in Battery Point being $939500 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.04%
Property investors who have had real estate in Battery Point, 7004 should be relatively 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 9.86%
Taking the average capital gain, or increase in median house value, Battery Point,7004 has racked up an average of 9.86% over the period. This ranks it number 499th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Battery Point should be aiming for at least -3.92% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Battery Point have been waiting around 29.19 days to sell a property.
Property investors should expect to get $477.5 weekly from the median priced house in this suburb.