Trevallyn has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 10.96% to date .
The five-year average increase in median property values for Trevallyn,7250 has given property investors a potential capital gain of 28.27% across each of those five years.
Our latest figures would indicate that property sellers in Trevallyn are currently offering property investors an average price cut of -4.09% below the asking price at the moment.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
Trevallyn, 7250’s gross rental yield is 4.75%
TAS has seen average median house prices change by 4.91% which means that Trevallyn, 7250 has done well for property investors by showing a capital gain of -35.45% over the last year
The five-year average increase in median property values for Trevallyn,7250 has given property investors a potential capital gain of -4.05% across each of those five years.
Trevallyn, 7250’s gross rental yield is 7.32%
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Trevallyn, TAS – Tourist destinations bring Launceston to life
Median unit price: $282,500
Three-year growth: 17.7%
Rental yield: 4.6%
The suburb of Trevallyn sits in the northwestern part of Launceston just north of the South Esk River. It is known for being the home of Cataract Gorge.
Also known as The Gorge, Cataract Gorge offers both nature and convenient amenities – it has a swimming pool, a restaurant, café and a suspension bridge leading to stunning scenic views. It is also where the world’s longest single-span chairlift is located. To add some natural charm, peacocks can be found wandering this area.
The Queen Victoria Museum and Art Gallery has an expansive collection of artwork and historical artefacts from Tasmania. These spots help contribute to Trevallyn’s thriving unit market.