With a capital gain of 1.05% for the last 12 months, Strahan, 7468 has performed for property investments than its average annual 0.51% property growth over the last 5 years.
While Strahan,7468 ranked number 47th in TAS for increase in median house value (annualised) increase, it is ranked 157th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Strahan is offering property investors an average of -6.89. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in TAS
Using the current median advertised rental of $210 and the average annual increase in value of a median property of 0.51%, investors should hope to achieve an overall return of 5.69%