At number 3696th in the list of Australian suburbs ordered by increase in median house value over the last year, Midway Point, 7171 is in the BOTTOM 20% with a property value increase of -8.20% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Midway Point comes in at number 137th in TAS.
Vendor discounting in Midway Point is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 128th in TAS when ranking the most discounted suburbs.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
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.
Midway Point, 7171’s gross rental yield is 6.79%