With a capital gain of 7.69% for the last 12 months, Lindisfarne, 7015 has performed for property investments than its average annual 4.00% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lindisfarne has increased when compared to the 5 year average annual rate.
Property buyers and investors in Lindisfarne 7015 should be seeing an average reduction in asking price of around -3.62% . This means that Lindisfarne is holding prices well when compared to other suburbs in TAS.
On average over the past year, suburb has had 9.92 sales per month, which equates to 119 per year.
Renters in Suburb are facing rents around $4770 per annum or $397.5 every week.
If you compare the increase in value of investment property in Lindisfarne, 7015 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 4.69%.
The five-year average increase in median property values for Lindisfarne,7015 has given property investors a potential capital gain of 9.84% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.05% offered to property buyers. Sellers in Lindisfarne itself are offering an average vendor discount of -3.60% to real estate investors.
Lindisfarne is 49th on a list of best yielding suburbs for rents in TAS with a 4.97% return