If you compare the increase in value of investment property in Prospect, 7250 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 4.17%.
Comparing Prospect,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Prospect 7250 should be seeing an average reduction in asking price of around -7.57% . This means that Prospect is holding prices well when compared to other suburbs in TAS.
Residents and property investors in Prospect have been waiting around 63.22 days to sell a property.
Prospect, 7250’s gross rental yield is 6.15%
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
When looking at the potential capital gains offered to property investors over the last 3 years, Prospect comes in at number 33th in TAS.
Our latest figures would indicate that property sellers in Prospect are currently offering property investors an average price cut of -2.61% below the asking price at the moment.
Prospect is 61th on a list of best yielding suburbs for rents in TAS with a 4.09% return