Property investors who have had real estate in Risdon Vale, 7016 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 19.75%
Over the longer term, Risdon Vale has seen property prices show investors a 72.73% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Risdon Vale 7016 should be seeing an average reduction in asking price of around -2.12% . This means that Risdon Vale is holding prices well when compared to other suburbs in TAS.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 5.26%, investors should hope to achieve an overall return of 6.48%