Property investors who have had real estate in Margate, 7054 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 5.43%
Over the longer term, Margate has seen property prices show investors a 13.73% return over the last 3 years. This is worse than over the last 12 months
Margate, 7054 is offering TAS ‘s 142th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Property investors who have had real estate in Margate, 7054 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.20%
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 Margate, 7054. Typically our figures indicate that -3.11% is being offered, which puts this TAS suburb at 1293th most discounted overall in Australia.
Often selling an investment property can take time, and in Margate the average time real estate has been on the market is 102.2 days.
The TAS suburb of Margate, 7054 is in the Kingborough local government area.