Property investors who have had real estate in Derwent Park, 7009 should be 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 24.48%
While Derwent Park,7009 ranked number 3rd in TAS for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
The most recent median price for Derwent Park is $311250, with sellers offering an average of -3.64% off the asking price.
Residents and property investors in Derwent Park have been waiting around 58.45 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.85%, without taking into account capital value appreciation, which has been averaging out at 6.26%.