Property investors who have had real estate in Shearwater, 7307 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 6.06%
Comparing Shearwater,7307 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Shearwater7307 is located in TAS which offers an average discount of -7.05% to property investors. Shearwater itself is showing figures that indicate -5.25% is the average achievable by property buyers investing in the suburb.
In the last year 50 properties changed hands in Shearwater, which puts it as the 52th most active market in TAS when comparing the number of sales per suburb.
Property investors should expect to get $295 weekly from the median priced house in this suburb.
At number 1184th in the list of Australian suburbs ordered by increase in median house value over the last year, Shearwater, 7307 is in the BOTTOM 40% with a property value increase of -0.48% recorded in median house prices.
LACK OF BUYER INTEREST may well be the reason that Shearwater is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in TAS
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Property investors should expect to get $255 weekly from the median priced house in this suburb.