If you compare the increase in value of investment property in Mowbray, 7248 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 7.69%.
Taking the average capital gain, or increase in median house value, Mowbray,7248 has racked up an average of 7.69% over the period. This ranks it number 389th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Mowbray are currently offering property investors an average price cut of -4.33% below the asking price at the moment.
The TAS suburb of Mowbray, 7248 is in the Launceston (C) local government area.
At number 1457th in the list of Australian suburbs ordered by increase in median house value over the last year, Mowbray, 7248 is in the BOTTOM 10% with a property value increase of -22.44% recorded in median house prices.
Mowbray,7248 was ranked 402 in Australia by increase in median property value over the quarter.