Property investors who have had real estate in Lauderdale, 7021 should be relatively 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 14.13%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lauderdale has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Lauderdale is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 61th in terms of most discounted suburbs in TAS
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 3.27%.