Property investors who have had real estate in Risdon Vale, 7016 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.39%
Taking the average capital gain, or increase in median house value, Risdon Vale,7016 has racked up an average of 19.39% over the period. This ranks it number 2508th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Risdon Vale is giving property investors an average Vendor Discount of around -2.69%. This puts suburb at number 164th in TAS when ranking the most discounted suburbs.
With the median price for a house in Risdon Vale being $197000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 7.65%