Investment property in Derwent Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.68%
While Derwent Park,7009 ranked number 15th in TAS for increase in median house value (annualised) increase, it is ranked 145th over the last 5 years.
At number 9th of TAS’s most discounted properties, Derwent Park is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Derwent Park have been waiting around 28 days to sell a property.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.65%, without taking into account capital value appreciation, which has been averaging out at 18.03%.