If you compare the increase in value of investment property in Claremont, 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 23.43%.
Across a shorter period, Claremont, 7011 has seen a median price increase of 5.01% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Claremont itself are offering an average vendor discount of -4.63% to real estate investors.
Claremont, 7011’s gross rental yield is 5.27%
Claremont has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 20.69% to date .
The five-year average increase in median property values for Claremont,7011 has given property investors a potential capital gain of 33.33% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Claremont is offering property investors an average of -5.18. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in TAS
On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.
Property investors should expect to get $310 weekly from the median priced house in this suburb.