TAS has seen average median house prices change by 7.30% which means that North Hobart, 7000 has done well for property investors by showing a capital gain of -2.17% over the last year
While North Hobart,7000 ranked number 140th in TAS for increase in median house value (annualised) increase, it is ranked 4th over the last 5 years.
Property buyers and investors in North Hobart 7000 should be seeing an average reduction in asking price of around -5.58% . This means that North Hobart is holding prices well when compared to other suburbs in TAS.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 7.06%.
Giving property investors a an unimpressive capital gain of -8.62% for the last year, North Hobart, 7000 is the 1143th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, North Hobart has given property investors a paper return of -0.63%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in TAS
Residents and property investors in North Hobart have been waiting around 52.3571 days to sell a property.
Situated 1.60km from the CBD, North Hobart is one of Hobart (C) localities in the postcode 7000.