Property investors who have had real estate in Trevallyn, 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 8.03%
When looking at the potential capital gains offered to property investors over the last 3 years, Trevallyn comes in at number 98th in TAS.
The most recent median price for Trevallyn is $329500, with sellers offering an average of -5.72% off the asking price.
On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.
A $335 per week rent on the median house gives suburb investors a gross yield of circa 5.29%, without taking into account capital value appreciation, which has been averaging out at 2.18%.
Over the last year, property investments in Trevallyn, 7250 have given investors a capital gain of -25.00%. This compares very badly with the 8.07% for TAS as a whole.
If we look at median property appreciation over just the last three months, Trevallyn has given property investors a paper return of -5.01%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in TAS
Sellers are offering property buyers an average discount of -3.50% to buyers in Trevallyn at the moment, which is less than average for the rest of TAS.
In the last year 17 properties changed hands in Trevallyn, which puts it as the 40th most active market in TAS when comparing the number of sales per suburb.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 0.63%, investors should hope to achieve an overall return of 6.64%