Property investors who have had real estate in Oakdowns, 7019 should be ok 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 4.65%
Taking the average capital gain, or increase in median house value, Oakdowns,7019 has racked up an average of 4.65% over the period. This ranks it number 2028th in the whole country for real estate investors looking at median house price increases.
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 -4.35% is being offered, which puts this TAS suburb at 3000th most discounted overall in Australia.
At number 1387 in a list of fastest selling suburbs, Oakdowns is in the TOP 40% of suburbs in Australia with an average of days on market 68.5 for properties listed there.
With a capital gain of 3.31% for the last 12 months, Oakdowns, 7019 has performed for property investments than its average annual 1.09% property growth over the last 5 years.
Over the longer term, Oakdowns has seen property prices show investors a -6.50% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -8.21% to buyers in Oakdowns at the moment, which is less than average for the rest of TAS.
With the median price for a house in Oakdowns being $280500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.19%