At number 507th in the list of Australian suburbs ordered by increase in median house value over the last year, Claremont, 7011 is in the top 20% with a property value increase of 10.45% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Claremont has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.65% to buyers in Claremont at the moment, which is less than average for the rest of TAS.
On average over the past year, suburb has had 10.08 sales per month, which equates to 121 per year.
With a capital gain of 22.35% for the last 12 months, Claremont, 7011 has performed for property investments than its average annual 5.11% property growth over the last 5 years.
While Claremont,7011 ranked number 15th in TAS for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Claremont itself are offering an average vendor discount of -5.61% to real estate investors.
Residents and property investors in Claremont have been waiting around 41.8286 days to sell a property.
Claremont is 29th on a list of best yielding suburbs for rents in TAS with a 5.50% return