If you compare the increase in value of investment property in Prospect, 7250 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 5.74%.
The five-year average increase in median property values for Prospect,7250 has given property investors a potential capital gain of 37.93% across each of those five years.
At number 26th of TAS’s most discounted properties, Prospect is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $350 mark per week – giving a return of 5.20% based on the median price in Suburb
Prospect has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -29.50% to date .
Comparing Prospect,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Prospect is 10th on a list of best yielding suburbs for rents in TAS with a 6.31% return