If you compare the increase in value of investment property in Lindisfarne, 7015 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 20.53%.
The five-year average increase in median property values for Lindisfarne,7015 has given property investors a potential capital gain of 21.41% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Lindisfarne is offering property investors an average of -6.89. This rate of discount on properties puts Suburb at number 137th in terms of most discounted suburbs in TAS
On average over the past year, suburb has had 8.50 sales per month, which equates to 102 per year.
Property value increases in Lindisfarne have tracked just higher than the TAS average of 3.60% over the last 12 months.
Lindisfarne,7015 was ranked 542 in Australia by increase in median property value over the quarter.
Vendor discounting in Lindisfarne is giving property investors an average Vendor Discount of around -4.50%. This puts suburb at number 34th in TAS when ranking the most discounted suburbs.
In the last year 27 properties changed hands in Lindisfarne, which puts it as the 20th most active market in TAS when comparing the number of sales per suburb.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 3.90%, investors should hope to achieve an overall return of 4.51%