Berriedale is an average performer in TAS when comparing median price capital growth over the last year. Berriedale gave property investors a average capital gain figure when compared to the rest of the state, with 2.16%.
When looking at the potential capital gains offered to property investors over the last 3 years, Berriedale comes in at number 62th in TAS.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Berriedale itself are offering an average vendor discount of -6.17% to real estate investors.
Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 2.23%, investors should hope to achieve an overall return of 6.45%
Investment property in Berriedale has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.00%
Taking the average capital gain, or increase in median house value, Berriedale,7011 has racked up an average of -10.00% over the period. This ranks it number 1339th in the whole country for real estate investors looking at median house price increases.
Situated 10.70km from the CBD, Berriedale is one of Glenorchy localities in the postcode 7011.