Over the last year, property investments in Glen Huon, 7109 have given investors a capital gain of -1.45%. This compares very badly with the 10.86% for TAS as a whole.
Glen Huon,7109 was ranked 3868 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Glen Huon is offering property investors an average of -6.12. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in TAS
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.
With the median price for a house in Glen Huon being $340000 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 5.93%