Investment property in Blackmans Bay has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.95%
While Blackmans Bay,7052 ranked number 70th in TAS for increase in median house value (annualised) increase, it is ranked 67th over the last 5 years.
Blackmans Bay7052 is located in TAS which offers an average discount of -7.01% to property investors. Blackmans Bay itself is showing figures that indicate -4.80% is the average achievable by property buyers investing in the suburb.
Blackmans Bay is 107th on a list of best yielding suburbs for rents in TAS with a 4.67% return
TAS has seen average median house prices change by 2.96% which means that Blackmans Bay, 7052 has done well for property investors by showing a capital gain of 3.06% over the last year
Over the longer term, Blackmans Bay has seen property prices show investors a 0.79% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Blackmans Bay 7052 should be seeing an average reduction in asking price of around -4.54% . This means that Blackmans Bay is holding prices well when compared to other suburbs in TAS.
Residents and property investors in Blackmans Bay have been waiting around 65.45 days to sell a property.
With the median price for a house in Blackmans Bay being $319500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.05%