Giving property investors a a stable capital gain of 10.85% for the last year, Mowbray, 7248 is the 1235th highest performer in Australia in this respect.
Mowbray,7248 has offered an average of 10.85% return per annum in house price rises to property investors over the last three years.
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 Mowbray, 7248. Typically our figures indicate that -6.47% is being offered, which puts this TAS suburb at 1255th most discounted overall in Australia.
With the median price for a house in Mowbray being $235000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.42%
Property value increases in Mowbray have tracked just higher than the TAS average of 10.07% over the last 12 months.
Taking the average capital gain, or increase in median house value, Mowbray,7248 has racked up an average of 14.44% over the period. This ranks it number 579th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Mowbray 7248 should be seeing an average reduction in asking price of around -6.66% . This means that Mowbray is holding prices well when compared to other suburbs in TAS.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 4.66%, investors should hope to achieve an overall return of 6.06%