TAS has seen average median house prices change by 3.12% which means that Shearwater, 7307 has done well for property investors by showing a capital gain of 7.69% over the last year
While Shearwater,7307 ranked number 82th in TAS for increase in median house value (annualised) increase, it is ranked 35th over the last 5 years.
Property buyers and investors in Shearwater 7307 should be seeing an average reduction in asking price of around -5.88% . This means that Shearwater is holding prices well when compared to other suburbs in TAS.
Situated 202.54km from the CBD, Shearwater is one of Latrobe localities in the postcode 7307.
At number 1083th 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.
Property investors looking for a bargain in Shearwater should be aiming for at least -12.24% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Shearwater, 7307’s gross rental yield is 4.95%