At number 1153th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackstone Heights, 7250 is in the top 30% with a property value increase of 5.94% recorded in median house prices.
Comparing Blackstone Heights,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Blackstone Heights, 7250. Typically our figures indicate that -7.93% is being offered, which puts this TAS suburb at 763th most discounted overall in Australia.
Often selling an investment property can take time, and in Blackstone Heights the average time real estate has been on the market is 69.1905 days.
Renters in Suburb are facing rents around $24570 per annum or $472.5 every week.
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Acreage homes with plenty to offer
Median house price: $472,500
Three-year growth: 21.2%
Rental yield: 5.0%
Floor to ceiling windows, double-story designs and sprawling floorplans that take advantage of the suburbs stunning landscapes are all common in Blackstone Heights, a premium yet affordable suburb of Tasmania.
An outer suburb of Launceston, Blackstone Heights doesn’t have too many of its own amenities. For instance, shops and schools need to be accessed in nearby suburbs.
What it lacks in this area, it more than makes up for in style and substance when it comes to housing, however. A budget of around $500-600,000 could secure investors a deluxe property in the area, which is spotted with a mix of established, heritage-style dwellings and newer, more modern builds. For an investor who likes the idea of buying into an acreage property with plans to eventually retire to the land, this could be the ideal spot to investigate further.