Shearwater has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 5.97% to date .
Over the longer term, Shearwater has seen property prices show investors a 5.97% return over the last 3 years. This is the same as over the last 12 months
Shearwater, 7307 is offering TAS ‘s 104th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this TAS.
In the last year 47 properties changed hands in Shearwater, which puts it as the 61th most active market in TAS when comparing the number of sales per suburb.
Shearwater, 7307’s gross rental yield is 4.39%
Property value increases in Shearwater have tracked just lower than the TAS average of 4.00% over the last 12 months.
Over the longer term, Shearwater has seen property prices show investors a -4.59% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Shearwater are currently offering property investors an average price cut of -11.75% below the asking price at the moment.
Property investors should expect to get $260 weekly from the median priced house in this suburb.