Property value increases in Dodges Ferry have tracked just higher than the TAS average of 6.96% over the last 12 months.
Comparing Dodges Ferry,7173 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.65% offered to property buyers. Sellers in Dodges Ferry itself are offering an average vendor discount of -3.65% to real estate investors.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Dodges Ferry, 7173’s gross rental yield is 5.20%
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Local agent Kylie Mill of Harcourts Sorell says Dodges Ferry is drawing in buyers with its striking beaches and relaxed lifestyle.
“You find especially in recent months that a lot of people are just swaying towards Dodges Ferry,” she says. “The relaxed lifestyle brings them in, but the affordability, to be honest, is also the kicker here.”
Mill says the suburb is far more desirable than comparable areas available to first home-buyers like Primrose Sands.
Best Street(s): Carlton Beach Rd: This long winding road has a dramatic feel as it meanders along the coastline and features larger homes with stunning views and access of Park Beach and several other area beach spots.