TAS has seen average median house prices change by 4.95% which means that Midway Point, 7171 has done well for property investors by showing a capital gain of 3.53% over the last year
Comparing Midway Point,7171 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Midway Point is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 120th in terms of most discounted suburbs in TAS
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 .
If we look at median property appreciation over just the last three months, Midway Point has given property investors a paper return of -11.46%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in TAS
Midway Point7171 is located in TAS which offers an average discount of -5.71% to property investors. Midway Point itself is showing figures that indicate -3.31% is the average achievable by property buyers investing in the suburb.
In the last year 14 properties changed hands in Midway Point, which puts it as the 40th most active market in TAS when comparing the number of sales per suburb.
Advertised rents are around the $280 mark per week – giving a return of 7.47% based on the median price in Suburb