Battery Point is in the bottom 20% in TAS when comparing median price capital growth over the last year. Battery Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.99%.
Comparing Battery Point,7004 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Advertised rents are around the $637.5 mark per week – giving a return of 3.52% based on the median price in Suburb
TAS has seen average median house prices change by 8.07% which means that Battery Point, 7004 has done well for property investors by showing a capital gain of 27.27% over the last year
Taking the average capital gain, or increase in median house value, Battery Point,7004 has racked up an average of 27.27% over the period. This ranks it number 517th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Battery Point is $665000, with sellers offering an average of -3.81% off the asking price.
Property investors should expect to get $480 weekly from the median priced house in this suburb.