With a capital gain of 12.76% for the last 12 months, Taroona, 7053 has performed for property investments than its average annual 3.84% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Taroona comes in at number 43th in TAS.
At number 50th of TAS’s most discounted properties, Taroona is in the bottom 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 3.84%.