With a capital gain of -3.97% for the last 12 months, North Hobart, 7000 has performed for property investments than its average annual 5.01% property growth over the last 5 years.
The five-year average increase in median property values for North Hobart,7000 has given property investors a potential capital gain of 53.65% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that North Hobart is offering property investors an average of -5.38. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in TAS
With the median price for a house in North Hobart being $653000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.38%
TAS has seen average median house prices change by 6.12% which means that North Hobart, 7000 has done well for property investors by showing a capital gain of -7.05% over the last year
North Hobart,7000 has offered an average of -7.05% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 3.96%, investors should hope to achieve an overall return of 4.54%