Hillcrest has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -11.68% to date .
Taking the average capital gain, or increase in median house value, Hillcrest,7320 has racked up an average of -11.68% over the period. This ranks it number 3797th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Hillcrest 7320 should be seeing an average reduction in asking price of around -8.36% . This means that Hillcrest is holding prices well when compared to other suburbs in TAS.
A $235 per week rent on the median house gives suburb investors a gross yield of circa 7.88%, without taking into account capital value appreciation, which has been averaging out at 1.26%.