With a capital gain of 9.73% for the last 12 months, Huonville, 7109 has performed for property investments than its average annual 2.45% property growth over the last 5 years.
The five-year average increase in median property values for Huonville,7109 has given property investors a potential capital gain of 6.35% across each of those five years.
The most recent median price for Huonville is $310000, with sellers offering an average of -5.09% off the asking price.
The TAS suburb of Huonville, 7109 is in the Huon Valley local government area.
Property investors who have had real estate in Huonville, 7109 should be relatively pleased 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 6.28%
A 6.54% growth in median value for property investors in Huonville,7109 puts this suburb at number 52th in terms of best performing suburbs in TAS
Property investors looking for a bargain in Huonville should be aiming for at least -2.31% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1325 in a list of fastest selling suburbs, Huonville is in the bottom 20% of suburbs in Australia with an average of days on market 117.9 for properties listed there.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 2.81%, investors should hope to achieve an overall return of 6.15%