Old Beach, 7017 ranked 42th in TAS when comparing growth in median property values or capital gain over the last 12 months. Old Beach is one of 606 in our list for TAS
Old Beach,7017 was ranked 1839 in Australia by increase in median property value over the quarter.
Old Beach7017 is located in TAS which offers an average discount of -6.57% to property investors. Old Beach itself is showing figures that indicate -4.84% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $4500 per annum or $375 every week.
Over the last year, property investments in Old Beach, 7017 have given investors a capital gain of 5.41%. This compares favourably with the 3.47% for TAS as a whole.
The five-year average increase in median property values for Old Beach,7017 has given property investors a potential capital gain of 13.81% across each of those five years.
Old Beach, 7017 is offering TAS ‘s 46th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
Often selling an investment property can take time, and in Old Beach the average time real estate has been on the market is 137.93 days.
Old Beach is 23th on a list of best yielding suburbs for rents in TAS with a 5.78% return