Property investors who have had real estate in Primrose Sands, 7173 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -21.25%
Primrose Sands,7173 has offered an average of -21.25% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Primrose Sands is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in TAS
At number 3548 in a list of fastest selling suburbs, Primrose Sands is in the bottom 10% of suburbs in Australia with an average of days on market 142.77 for properties listed there.
With the median price for a house in Primrose Sands being $189000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 6.33%