Property investors who have had real estate in Austins Ferry, 7011 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.52%
Across a shorter period, Austins Ferry, 7011 has seen a median price increase of 0.00% over the last quarter.
In the last year 59 properties changed hands in Austins Ferry, which puts it as the 56th most active market in TAS when comparing the number of sales per suburb.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.41%, investors should hope to achieve an overall return of 5.43%
Over the last year, property investments in Austins Ferry, 7011 have given investors a capital gain of -8.82%. This compares very badly with the 7.28% for TAS as a whole.
The TAS suburb of Austins Ferry, 7011 is in the Glenorchy local government area.