If you compare the increase in value of investment property in Hillcrest, 7320 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 4.07%.
While Hillcrest,7320 ranked number 12th in TAS for increase in median house value (annualised) increase, it is ranked 107th over the last 5 years.
Our latest figures would indicate that property sellers in Hillcrest are currently offering property investors an average price cut of -7.67% below the asking price at the moment.
Using the current median advertised rental of $235 and the average annual increase in value of a median property of 2.46%, investors should hope to achieve an overall return of 6.83%