Over the last year, property investments in Ranelagh, 7109 have given investors a capital gain of -0.30%. This compares badly with the 4.95% 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.
Sellers are offering property buyers an average discount of -3.45% to buyers in Ranelagh at the moment, which is less than average for the rest of TAS.
In the last year 29 properties changed hands in Ranelagh, which puts it as the 94th most active market in TAS when comparing the number of sales per suburb.