Property investors who have had real estate in Oakdowns, 7019 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 12.76%
Over the longer term, Oakdowns has seen property prices show investors a 20.66% return over the last 3 years. This is worse than over the last 12 months
Oakdowns7019 is located in TAS which offers an average discount of -7.01% to property investors. Oakdowns itself is showing figures that indicate -3.89% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Oakdowns have been waiting around 50.13 days to sell a property.
Investment property in Oakdowns has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.71%
Across a shorter period, Oakdowns, 7019 has seen a median price increase of -0.71% over the last quarter.
Property investors looking for a bargain in Oakdowns should be aiming for at least -7.57% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Oakdowns being $278000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.42%