Legana has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -8.22% to date .
While Legana,7277 ranked number 149th in TAS for increase in median house value (annualised) increase, it is ranked 87th over the last 5 years.
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 -7.02% is being offered, which puts this TAS suburb at 1236th most discounted overall in Australia.
Often selling an investment property can take time, and in Legana the average time real estate has been on the market is 82.82 days.
The TAS suburb of Legana, 7277 is in the West Tamar local government area.
Investment property in Legana has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.85%
Over the longer term, Legana has seen property prices show investors a 15.86% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Legana 7277 should be seeing an average reduction in asking price of around -5.15% . This means that Legana is holding prices well when compared to other suburbs in TAS.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.