Over the last year, property investments in Mowbray, 7248 have given investors a capital gain of 4.44%. This compares averagely with the 4.95% for TAS as a whole.
Taking the average capital gain, or increase in median house value, Mowbray,7248 has racked up an average of 4.44% over the period. This ranks it number 2822th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Mowbray 7248 should be seeing an average reduction in asking price of around -7.04% . This means that Mowbray is holding prices well when compared to other suburbs in TAS.
In the last year 75 properties changed hands in Mowbray, which puts it as the 24th most active market in TAS when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.
Property value increases in Mowbray have tracked just lower than the TAS average of 4.00% over the last 12 months.
While Mowbray,7248 ranked number 35th in TAS for increase in median house value (annualised) increase, it is ranked 45th over the last 5 years.
Situated 145.74km from the CBD, Mowbray is one of Launceston localities in the postcode 7248.