Property value increases in Prospect have tracked lower than the TAS average of 7.09% over the last 12 months.
A 3.85% growth in median value for property investors in Prospect,7250 puts this suburb at number 145th in terms of best performing suburbs in TAS
Property buyers and investors in Prospect 7250 should be seeing an average reduction in asking price of around -7.32% . This means that Prospect is holding prices well when compared to other suburbs in TAS.
With the median price for a house in Prospect being $270000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 6.16%
Over the last year, property investments in Prospect, 7250 have given investors a capital gain of 28.84%. This compares very favourably with the 4.47% for TAS as a whole.
The five-year average increase in median property values for Prospect,7250 has given property investors a potential capital gain of -4.57% across each of those five years.
Prospect, 7250 is offering TAS ‘s 47th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this TAS.
Property investors should expect to get $240 weekly from the median priced house in this suburb.