Stieglitz, 7216 ranked 26th in TAS when comparing growth in median property values or capital gain over the last 12 months. Stieglitz is one of 606 in our list for TAS
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Stieglitz has fallen somewhat when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.18% offered to property buyers. Sellers in Stieglitz itself are offering an average vendor discount of -9.72% to real estate investors.
Residents and property investors in Stieglitz have been waiting around 169.18 days to sell a property.
A $210 per week rent on the median house gives suburb investors a gross yield of circa 4.97%, without taking into account capital value appreciation, which has been averaging out at 3.02%.