Battery Point, 7004 ranked 87th in TAS when comparing growth in median property values or capital gain over the last 12 months. Battery Point is one of 606 in our list for TAS
Battery Point,7004 has offered an average of 4.96% return per annum in house price rises to property investors over the last three years.
Renters in Suburb are facing rents around $6900 per annum or $575 every week.
At number 556th in the list of Australian suburbs ordered by increase in median house value over the last year, Battery Point, 7004 is in the top 40% with a property value increase of 7.14% recorded in median house prices.
Comparing Battery Point,7004 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Battery Point is giving property investors an average Vendor Discount of around -4.12%. This puts suburb at number 35th in TAS when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Battery Point the average time real estate has been on the market is 29.7 days.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 5.63%, investors should hope to achieve an overall return of 4.53%