Property investors who have had real estate in Goodwood, 7010 should be relatively 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 8.27%
Taking the average capital gain, or increase in median house value, Goodwood,7010 has racked up an average of 8.27% over the period. This ranks it number 2642th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Goodwood are currently offering property investors an average price cut of -5.66% below the asking price at the moment.
Using the current median advertised rental of $305 and the average annual increase in value of a median property of 3.84%, investors should hope to achieve an overall return of 7.13%