At number 1413th in the list of Australian suburbs ordered by increase in median house value over the last year, Trevallyn, 7250 is in the top 40% with a property value increase of 8.89% recorded in median house prices.
Over the longer term, Trevallyn has seen property prices show investors a 10.27% return over the last 3 years. This is worse than over the last 12 months
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 Trevallyn, 7250. Typically our figures indicate that -6.24% is being offered, which puts this TAS suburb at 1415th most discounted overall in Australia.
Situated 161.95km from the CBD, Trevallyn is one of West Tamar localities in the postcode 7250.
Property value increases in Trevallyn have tracked just higher than the TAS average of 8.74% over the last 12 months.
Trevallyn7250 is located in TAS which offers an average discount of -4.39% to property investors. Trevallyn itself is showing figures that indicate -2.76% is the average achievable by property buyers investing in the suburb.
At number 395 in a list of fastest selling suburbs, Trevallyn is in the TOP 30% of suburbs in Australia with an average of days on market 53.46 for properties listed there.
A $235 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at 3.02%.
A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate InvestarFull summary
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Launceston suburb experiences housing drop
Median house price: $329,500
Stock on market: -20.4%
12-month growth: 8.0%
A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate Investar.
This supply situation has certainly not hurt Trevallyn’s prospects, as house prices increased by 8% in that period to continue a five-year trend. Rental returns are fairly strong at 5.3% as well, and it could represent a good deal for investors.
Cataract Gorge and the Trevallyn are found in this suburb. Since it is just 1km from Launceston, residents can easily access the many amenities in the city, including its lively arts and entertainment scene, sports facilities and hospital. Travel from Trevallyn is also convenient because of its proximity to the Launceston Airport and to several highways.Close