Wynyard, 7325 ranked 59th in TAS when comparing growth in median property values or capital gain over the last 12 months. Wynyard is one of 606 in our list for TAS
Wynyard,7325 was ranked 474 in Australia by increase in median property value over the quarter.
At number 28th of TAS’s most discounted properties, Wynyard is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.84%, investors should hope to achieve an overall return of 5.03%
Property value increases in Wynyard have tracked close to the TAS average of 6.48% over the last 12 months.
If we look at median property appreciation over just the last three months, Wynyard has given property investors a paper return of 0.00%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in TAS
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.40% offered to property buyers. Sellers in Wynyard itself are offering an average vendor discount of -6.86% to real estate investors.
Residents and property investors in Wynyard have been waiting around 117.2 days to sell a property.
Advertised rents are around the $250 mark per week – giving a return of 5.42% based on the median price in Suburb
Information supplied by:
Wynyard, TAS – More properties hit the market
Median house price: $296,000
Stock on market: 48.6%
12-month growth: 5.7%
The site of the Table Cape, Wynyard is where you want to be for scenery, sand and sea. The suburb lies at the mouth of the Inglis River, and it is a favourite spot for river fishing, kayaking and leisurely walks.
Table Cape provides scintillating views from its lookout, and in the spring, fields of tulips delight the eye. Fossil Bluff has long been a hotbed of rare fossils that offer insight into the history of this area. Great coffee can be had at one of the many local cafes in town, and the local market serves up local goods two Sundays a month. Being near the Bass Highway, it has an ideal location for regular travel.