TAS has seen average median house prices change by 8.18% which means that Margate, 7054 has done well for property investors by showing a capital gain of 14.78% over the last year
Margate,7054 was ranked 392 in Australia by increase in median property value over the quarter.
The most recent median price for Margate is $466000, with sellers offering an average of -4.74% off the asking price.
The TAS suburb of Margate, 7054 is in the Kingborough local government area.
Property value increases in Margate have tracked just lower than the TAS average of 5.89% over the last 12 months.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.05% offered to property buyers. Sellers in Margate itself are offering an average vendor discount of -2.69% to real estate investors.
Margate, 7054’s gross rental yield is 5.46%