Property value increases in Berriedale have tracked higher than the TAS average of 5.57% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berriedale has increased when compared to the 5 year average annual rate.
Property buyers and investors in Berriedale 7011 should be seeing an average reduction in asking price of around -5.61% . This means that Berriedale is holding prices well when compared to other suburbs in TAS.
Berriedale, 7011’s gross rental yield is 6.10%
Across a shorter period, Berriedale, 7011 has seen a median price increase of 1.81% over the last quarter.
With the median price for a house in Berriedale being $197000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 5.81%