Property investors who have had real estate in South Arm, 7022 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 23.08%
South Arm,7022 was ranked 17 in Australia by increase in median property value over the quarter.
The most recent median price for South Arm is $480000, with sellers offering an average of -4.51% off the asking price.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 6.70%, investors should hope to achieve an overall return of 3.58%