Investment property in Berriedale 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 26.18%
The five-year average increase in median property values for Berriedale,7011 has given property investors a potential capital gain of 27.62% across each of those five years.
Sellers are offering property buyers an average discount of -3.28% to buyers in Berriedale at the moment, which is less than average for the rest of TAS.
Residents and property investors in Berriedale have been waiting around 51.2 days to sell a property.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.
Property investors who have had real estate in Berriedale, 7011 should be pleased 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 29.20%
Situated 10.46km from the CBD, Berriedale is one of Glenorchy localities in the postcode 7011.