Giving property investors a an unimpressive capital gain of 2.00% for the last year, Longford, 7301 is the 2621th highest performer in Australia in this respect.
The five-year average increase in median property values for Longford,7301 has given property investors a potential capital gain of -8.93% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Longford itself are offering an average vendor discount of -5.16% to real estate investors.
Often selling an investment property can take time, and in Longford the average time real estate has been on the market is 102.05 days.
If you compare the increase in value of investment property in Longford, 7301 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -21.88%.
If we look at median property appreciation over just the last three months, Longford has given property investors a paper return of -11.76%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in TAS
Renters in Suburb are facing rents around $3000 per annum or $250 every week.