Midway Point is an average performer in TAS when comparing median price capital growth over the last year. Midway Point gave property investors a average capital gain figure when compared to the rest of the state, with 2.89%.
Over the longer term, Midway Point has seen property prices show investors a 5.22% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Midway Point are currently offering property investors an average price cut of -5.25% below the asking price at the moment.
Renters in Suburb are facing rents around $3840 per annum or $320 every week.
Midway Point, 7171 ranked 53th in TAS when comparing growth in median property values or capital gain over the last 12 months. Midway Point is one of 606 in our list for TAS
Taking the average capital gain, or increase in median house value, Midway Point,7171 has racked up an average of -16.31% over the period. This ranks it number 1705th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
With the median price for a house in Midway Point being $195000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 7.47%