Property investors who have had real estate in Mowbray, 7248 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.00%
The five-year average increase in median property values for Mowbray,7248 has given property investors a potential capital gain of 27.89% across each of those five 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 -4.50% is being offered, which puts this TAS suburb at 2472th most discounted overall in Australia.
Residents and property investors in Mowbray have been waiting around 36.06 days to sell a property.
The TAS suburb of Mowbray, 7248 is in the Launceston (C) local government area.
Mowbray has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -13.90% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mowbray comes in at number 35th in TAS.
The most recent median price for Mowbray is $206000, with sellers offering an average of -5.02% off the asking price.
Mowbray is 6th on a list of best yielding suburbs for rents in TAS with a 6.06% return