Property value increases in Miandetta have tracked higher than the TAS average of 3.12% over the last 12 months.
Over the longer term, Miandetta has seen property prices show investors a 10.00% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Miandetta should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3262 in a list of fastest selling suburbs, Miandetta is in the bottom 20% of suburbs in Australia with an average of days on market 125 for properties listed there.
If you compare the increase in value of investment property in Miandetta, 7310 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -6.00%.
Miandetta,7310 was ranked 1207 in Australia by increase in median property value over the quarter.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of -3.00%, investors should hope to achieve an overall return of 5.97%