Property value increases in St Helens have tracked just lower than the TAS average of 19.13% over the last 12 months.
If we look at median property appreciation over just the last three months, St Helens has given property investors a paper return of 7.99%. This puts Suburb as 82 on a list of fastest fasting appreciating suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in St Helens, 7216. Typically our figures indicate that -3.41% is being offered, which puts this TAS suburb at 1599th most discounted overall in Australia.
At number 3500 in a list of fastest selling suburbs, St Helens is in the bottom 40% of suburbs in Australia with an average of days on market 55.5446 for properties listed there.
Situated 189.06km from the CBD, St Helens is one of Break O'Day (M) localities in the postcode 7216.
St Helens is in the bottom 30% in TAS when comparing median price capital growth over the last year. St Helens gave property investors a dismal capital gain figure when compared to the rest of the state, with 10.20%.
When looking at the potential capital gains offered to property investors over the last 3 years, St Helens comes in at number 65th in TAS.
St Helens, 7216 is offering TAS ‘s most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this TAS.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Information supplied by:
Fishing town hooks buyers
Median house price: $260,000
Three-year growth: 7.22%
Rental yield: 4.80%
The suburb of St Helens is located in the biggest town on Tasmania’s northeast coast. It is known for game fishing and its abundance of oysters.
The suburb’s position on the Tasman Highway makes it convenient for a long drive to Launceston. This accessibility could account for St Helens consistent growth over the recent five-year period, with price increases peaking at 10.6% over the December 2016 quarter. Houses are also quite affordable in this area, with a median price of just $260,000. Investors can also recover nicely with a reasonable average yield of 4.8% on rents.
St Helens has a thriving tourism industry due to its waterside location and proximity to beaches. The suburb is adjacent to the St Helens Important Bird Area, a protected site where seabirds and waders breed. The timber sector also supports the local economy. The town offers various dining options and shops.