Investment property in Legana has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.78%
When looking at the potential capital gains offered to property investors over the last 3 years, Legana comes in at number 96th in TAS.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Legana, 7277. Typically our figures indicate that -7.30% is being offered, which puts this TAS suburb at 1115th most discounted overall in Australia.
At number 2248 in a list of fastest selling suburbs, Legana is just in the bottom half of suburbs in Australia with an average of days on market 89.7 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 2.31%.
Giving property investors a a poor capital gain of -7.19% for the last year, Legana, 7277 is the 1496th highest performer in Australia in this respect.
While Legana,7277 ranked number 48th in TAS for increase in median house value (annualised) increase, it is ranked 34th over the last 5 years.
Legana7277 is located in TAS which offers an average discount of -5.71% to property investors. Legana itself is showing figures that indicate -5.92% is the average achievable by property buyers investing in the suburb.
Legana is 29th on a list of best yielding suburbs for rents in TAS with a 5.41% return