With a capital gain of 2.33% for the last 12 months, Blackmans Bay, 7052 has performed for property investments than its average annual 2.96% property growth over the last 5 years.
Blackmans Bay,7052 has offered an average of 2.33% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Blackmans Bay should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Blackmans Bay have been waiting around 64.2 days to sell a property.
With the median price for a house in Blackmans Bay being $440000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.73%
Blackmans Bay is an average performer in TAS when comparing median price capital growth over the last year. Blackmans Bay gave property investors a average capital gain figure when compared to the rest of the state, with 0.47%.
Blackmans Bay,7052 was ranked 1281 in Australia by increase in median property value over the quarter.
Blackmans Bay7052 is located in TAS which offers an average discount of -5.48% to property investors. Blackmans Bay itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
With the median price for a house in Blackmans Bay being $320000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.20%