Austins Ferry has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 7.32% to date .
Over the longer term, Austins Ferry has seen property prices show investors a 13.40% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Austins Ferry itself are offering an average vendor discount of -6.81% to real estate investors.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 5.52%
Austins Ferry has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 4.53% to date .