Old Beach is in the TOP 30% in TAS when comparing median price capital growth over the last year. Old Beach gave property investors a good capital gain figure when compared to the rest of the state, with 8.06%.
When looking at the potential capital gains offered to property investors over the last 3 years, Old Beach comes in at number 89th in TAS.
Property investors looking for a bargain in Old Beach should be aiming for at least -5.77% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $370 mark per week – giving a return of 5.31% based on the median price in Suburb
Old Beach,7017 was ranked 397 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Old Beach are currently offering property investors an average price cut of -5.58% below the asking price at the moment.
Residents and property investors in Old Beach have been waiting around 124.91 days to sell a property.