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 12.57%.
A 28.33% growth in median value for property investors in Berriedale,7011 puts this suburb at number 112th in terms of best performing suburbs in TAS
Property buyers and investors in Berriedale 7011 should be seeing an average reduction in asking price of around -5.72% . This means that Berriedale is holding prices well when compared to other suburbs in TAS.
In the last year 46 properties changed hands in Berriedale, which puts it as the 65th most active market in TAS when comparing the number of sales per suburb.
At number 1541th in the list of Australian suburbs ordered by increase in median house value over the last year, Berriedale, 7011 is in the BOTTOM 10% with a property value increase of -24.29% recorded in median house prices.
Berriedale, 7011’s gross rental yield is 9.49%