If you compare the increase in value of investment property in Berriedale, 7011 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 23.85%.
The five-year average increase in median property values for Berriedale,7011 has given property investors a potential capital gain of 17.09% across each of those five years.
In the last year 59 properties changed hands in Berriedale, 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 $340 and the average annual increase in value of a median property of 4.01%, investors should hope to achieve an overall return of 5.49%