Property value increases in Oakdowns have tracked just higher than the TAS average of 3.72% over the last 12 months.
The five-year average increase in median property values for Oakdowns,7019 has given property investors a potential capital gain of 10.63% across each of those five years.
Property buyers and investors in Oakdowns 7019 should be seeing an average reduction in asking price of around -4.28% . This means that Oakdowns is holding prices well when compared to other suburbs in TAS.
At number 1035 in a list of fastest selling suburbs, Oakdowns is in the TOP 30% of suburbs in Australia with an average of days on market 63.77 for properties listed there.
Property investors who have had real estate in Oakdowns, 7019 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.61%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Oakdowns has increased when compared to the 5 year average annual rate.
At number 5th of TAS’s most discounted properties, Oakdowns is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Oakdowns the average time real estate has been on the market is 113.4 days.
Oakdowns is 29th on a list of best yielding suburbs for rents in TAS with a 5.66% return