If you compare the increase in value of investment property in Burnie, 7320 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -3.65%.
The most recent median price for Burnie is $250500, with sellers offering an average of -10.44% off the asking price.
The TAS suburb of Burnie, 7320 is in the Burnie local government area.
A -29.75% growth in median value for property investors in Burnie,7320 puts this suburb at number 46th in terms of best performing suburbs in TAS
Sellers are offering property buyers an average discount of -9.59% to buyers in Burnie at the moment, which is less than average for the rest of TAS.
Often selling an investment property can take time, and in Burnie the average time real estate has been on the market is 160.31 days.
Advertised rents are around the $195 mark per week – giving a return of 7.22% based on the median price in Suburb