At number 3144th in the list of Australian suburbs ordered by increase in median house value over the last year, Hillcrest, 7320 is in the BOTTOM 30% with a property value increase of -0.29% recorded in median house prices.
While Hillcrest,7320 ranked number 161th in TAS for increase in median house value (annualised) increase, it is ranked 124th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Hillcrest is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in TAS
Using the current median advertised rental of $252.5 and the average annual increase in value of a median property of 1.97%, investors should hope to achieve an overall return of 7.50%