If you compare the increase in value of investment property in Dynnyrne, 7005 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 28.23%.
Across a shorter period, Dynnyrne, 7005 has seen a median price increase of 10.63% over the last quarter.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
With the median price for a house in Dynnyrne being $645000 and the advertised rent reaching $455 the gross rental yield for property investors calculates out to be 3.67%
Over the last year, property investments in Dynnyrne, 7005 have given investors a capital gain of 14.37%. This compares favourably with the 5.86% for TAS as a whole.
Dynnyrne,7005 was ranked 1308 in Australia by increase in median property value over the quarter.
Property buyers and investors in Dynnyrne 7005 should be seeing an average reduction in asking price of around -8.20% . This means that Dynnyrne is holding prices well when compared to other suburbs in TAS.
Residents and property investors in Dynnyrne have been waiting around 50.91 days to sell a property.
The TAS suburb of Dynnyrne, 7005 is in the Hobart local government area.