TAS has seen average median house prices change by 3.19% which means that Smithton, 7330 has done well for property investors by showing a capital gain of -9.54% over the last year
The five-year average increase in median property values for Smithton,7330 has given property investors a potential capital gain of 13.01% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Smithton is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 68th in terms of most discounted suburbs in TAS
Using the current median advertised rental of $225 and the average annual increase in value of a median property of 3.48%, investors should hope to achieve an overall return of 5.67%