Mowbray is an average performer in TAS when comparing median price capital growth over the last year. Mowbray gave property investors a average capital gain figure when compared to the rest of the state, with 9.34%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mowbray has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Mowbray itself are offering an average vendor discount of -5.76% to real estate investors.
Mowbray, 7248’s gross rental yield is 6.28%
Mowbray has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 13.34% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mowbray comes in at number 32th in TAS.
Our latest figures would indicate that property sellers in Mowbray are currently offering property investors an average price cut of -5.61% below the asking price at the moment.
At number 1201 in a list of fastest selling suburbs, Mowbray is in the bottom 20% of suburbs in Australia with an average of days on market 103.9 for properties listed there.
Advertised rents are around the $240 mark per week – giving a return of 6.06% based on the median price in Suburb