Investment property in Claremont has done pretty 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 -1.11%
Claremont,7011 has offered an average of -1.11% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Claremont 7011 should be seeing an average reduction in asking price of around -5.12% . This means that Claremont is holding prices well when compared to other suburbs in TAS.
With the median price for a house in Claremont being $267000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 6.04%
At number 229th in the list of Australian suburbs ordered by increase in median house value over the last year, Claremont, 7011 is in the top 20% with a property value increase of 14.67% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Claremont,7011 has racked up an average of 14.67% over the period. This ranks it number 1151th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.86% to buyers in Claremont at the moment, which is less than average for the rest of TAS.
In the last year 54 properties changed hands in Claremont, which puts it as the 5th most active market in TAS when comparing the number of sales per suburb.
Situated 12.12km from the CBD, Claremont is one of Glenorchy localities in the postcode 7011.