Property investors who have had real estate in Prospect, 7250 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.77%
The five-year average increase in median property values for Prospect,7250 has given property investors a potential capital gain of -2.48% across each of those five years.
Prospect7250 is located in TAS which offers an average discount of -7.06% to property investors. Prospect itself is showing figures that indicate -7.84% is the average achievable by property buyers investing in the suburb.
In the last year 34 properties changed hands in Prospect, which puts it as the 80th most active market in TAS when comparing the number of sales per suburb.
Prospect is 56th on a list of best yielding suburbs for rents in TAS with a 5.67% return
Giving property investors a an average capital gain of 1.27% for the last year, Prospect, 7250 is the 976th highest performer in Australia in this respect.
The five-year average increase in median property values for Prospect,7250 has given property investors a potential capital gain of 4.35% across each of those five years.
At number 40th of TAS’s most discounted properties, Prospect is in the TOP 20% of the state/territory when listing in order of most discounted to least.
The TAS suburb of Prospect, 7250 is in the Launceston local government area.