Property investors who have had real estate in Prospect, 7250 should be relatively unhappy 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 2.80%
A $315 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at 1.42%.
Prospect, 7250 ranked 16th in TAS when comparing growth in median property values or capital gain over the last 12 months. Prospect is one of 606 in our list for TAS
When looking at the potential capital gains offered to property investors over the last 3 years, Prospect comes in at number 28th in TAS.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Prospect is 61th on a list of best yielding suburbs for rents in TAS with a 3.57% return