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 19.83%
Oakdowns,7019 has offered an average of 19.83% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.89% offered to property buyers. Sellers in Oakdowns itself are offering an average vendor discount of -3.39% to real estate investors.
At number 637 in a list of fastest selling suburbs, Oakdowns is in the TOP 20% of suburbs in Australia with an average of days on market 52.14 for properties listed there.
Oakdowns is 102th on a list of best yielding suburbs for rents in TAS with a 4.63% return
With a capital gain of -1.75% for the last 12 months, Oakdowns, 7019 has performed for property investments than its average annual 4.55% property growth over the last 5 years.
The five-year average increase in median property values for Oakdowns,7019 has given property investors a potential capital gain of 9.80% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Oakdowns, 7019. Typically our figures indicate that -6.79% is being offered, which puts this TAS suburb at 311th most discounted overall in Australia.
In the last year 21 properties changed hands in Oakdowns, which puts it as the 28th most active market in TAS when comparing the number of sales per suburb.
Oakdowns is 37th on a list of best yielding suburbs for rents in TAS with a 5.39% return