Margate has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 3.84% to date .
Comparing Margate,7054 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 151th of TAS’s most discounted properties, Margate is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Margate is 97th on a list of best yielding suburbs for rents in TAS with a 4.90% return
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 2.33%
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 -3.00% is being offered, which puts this TAS suburb at 1314th 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 94.25 days.
Margate, 7054’s gross rental yield is 5.08%