At number 3266th in the list of Australian suburbs ordered by increase in median house value over the last year, Prospect, 7250 is in the BOTTOM 30% with a property value increase of -2.18% recorded in median house prices.
A 3.46% growth in median value for property investors in Prospect,7250 puts this suburb at number 163th in terms of best performing suburbs in TAS
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.77% offered to property buyers. Sellers in Prospect itself are offering an average vendor discount of -7.78% to real estate investors.
Prospect, 7250 ranked 4th in TAS when comparing growth in median property values or capital gain over the last 12 months. Prospect is one of 606 in our list for TAS
Prospect,7250 was ranked 280 in Australia by increase in median property value over the quarter.
The most recent median price for Prospect is $268500, with sellers offering an average of -2.26% off the asking price.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 5.68%.