Investment property in Mowbray has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.91%
The five-year average increase in median property values for Mowbray,7248 has given property investors a potential capital gain of 8.64% across each of those five years.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.96%, investors should hope to achieve an overall return of 6.85%
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 9.63%
Taking the average capital gain, or increase in median house value, Mowbray,7248 has racked up an average of 9.63% over the period. This ranks it number 879th in the whole country for real estate investors looking at median house price increases.
Mowbray is 6th on a list of best yielding suburbs for rents in TAS with a 6.28% return