With a capital gain of -12.15% for the last 12 months, Dynnyrne, 7005 has performed for property investments than its average annual 3.08% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dynnyrne has increased when compared to the 5 year average annual rate.
With the median price for a house in Dynnyrne being $475254 and the advertised rent reaching $407.5 the gross rental yield for property investors calculates out to be 4.46%
At number 171th in the list of Australian suburbs ordered by increase in median house value over the last year, Dynnyrne, 7005 is in the top 10% with a property value increase of 17.24% recorded in median house prices.
While Dynnyrne,7005 ranked number 34th in TAS for increase in median house value (annualised) increase, it is ranked 45th over the last 5 years.
Property buyers and investors in Dynnyrne 7005 should be seeing an average reduction in asking price of around -2.78% . This means that Dynnyrne is holding prices well when compared to other suburbs in TAS.
Often selling an investment property can take time, and in Dynnyrne the average time real estate has been on the market is 24.27 days.
Property investors should expect to get $350 weekly from the median priced house in this suburb.