TAS has seen average median house prices change by 9.40% which means that Dynnyrne, 7005 has done well for property investors by showing a capital gain of 23.46% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dynnyrne has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Dynnyrne are currently offering property investors an average price cut of -1.14% below the asking price at the moment.
Advertised rents are around the $550 mark per week – giving a return of 4.09% based on the median price in Suburb
Investment property in Dynnyrne has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.38%
LACK OF BUYER INTEREST may well be the reason that Dynnyrne is offering property investors an average of -4.81. This rate of discount on properties puts Suburb at number 2nd in terms of most discounted suburbs in TAS
Often selling an investment property can take time, and in Dynnyrne the average time real estate has been on the market is 25.9 days.
The TAS suburb of Dynnyrne, 7005 is in the Hobart local government area.