With a capital gain of 17.75% for the last 12 months, North Hobart, 7000 has performed for property investments than its average annual 8.76% property growth over the last 5 years.
Across a shorter period, North Hobart, 7000 has seen a median price increase of -2.13% over the last quarter.
North Hobart7000 is located in TAS which offers an average discount of -5.50% to property investors. North Hobart itself is showing figures that indicate -6.89% is the average achievable by property buyers investing in the suburb.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 8.76%.
North Hobart has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 30.79% to date .
If we look at median property appreciation over just the last three months, North Hobart has given property investors a paper return of 24.47%. This puts Suburb as 1 on a list of fastest fasting appreciating suburbs in TAS