Over the last year, property investments in Ranelagh, 7109 have given investors a capital gain of -6.04%. This compares very badly with the 3.08% for TAS as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ranelagh has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Ranelagh should be aiming for at least -3.78% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Ranelagh the average time real estate has been on the market is 33 days.