At number 1534th in the list of Australian suburbs ordered by increase in median house value over the last year, Oakdowns, 7019 is in the top 40% with a property value increase of 7.12% recorded in median house prices.
Over the longer term, Oakdowns has seen property prices show investors a 18.20% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Oakdowns is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 149th in terms of most discounted suburbs in TAS
TAS has seen average median house prices change by 2.96% which means that Oakdowns, 7019 has done well for property investors by showing a capital gain of 3.13% over the last year
Comparing Oakdowns,7019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Oakdowns are currently offering property investors an average price cut of -8.46% below the asking price at the moment.
Property investors should expect to get $280 weekly from the median priced house in this suburb.