Investment property in Midway Point has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.08%
Midway Point,7171 was ranked 2486 in Australia by increase in median property value over the quarter.
Midway Point, 7171 is offering TAS ‘s 118th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this TAS.
At number 1639 in a list of fastest selling suburbs, Midway Point is just in the top half of suburbs in Australia with an average of days on market 76.09 for properties listed there.
Midway Point has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -15.86% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Midway Point has fallen somewhat when compared to the 5 year average annual rate.
Advertised rents are around the $282.5 mark per week – giving a return of 7.53% based on the median price in Suburb