Over the last year, property investments in North Hobart, 7000 have given investors a capital gain of 29.37%. This compares very favourably with the 9.15% for TAS as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, North Hobart comes in at number 1st in TAS.
In the last year 30 properties changed hands in North Hobart, which puts it as the 102th most active market in TAS when comparing the number of sales per suburb.
Property investors should expect to get $475 weekly from the median priced house in this suburb.
Over the last year, property investments in North Hobart, 7000 have given investors a capital gain of 3.44%. This compares badly with the 7.28% for TAS as a whole.
Across a shorter period, North Hobart, 7000 has seen a median price increase of 0.44% over the last quarter.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 3.78%, investors should hope to achieve an overall return of 4.83%