Trevallyn is an average performer in TAS when comparing median price capital growth over the last year. Trevallyn gave property investors a average capital gain figure when compared to the rest of the state, with 10.00%.
A 27.68% growth in median value for property investors in Trevallyn,7250 puts this suburb at number 72th in terms of best performing suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Trevallyn, 7250. Typically our figures indicate that -6.04% is being offered, which puts this TAS suburb at 1560th most discounted overall in Australia.
Residents and property investors in Trevallyn have been waiting around 59.75 days to sell a property.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 2.86%, investors should hope to achieve an overall return of 4.95%
At number 19th in the list of Australian suburbs ordered by increase in median house value over the last year, Trevallyn, 7250 is in the top 10% with a property value increase of 36.84% recorded in median house prices.
Comparing Trevallyn,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Trevallyn, 7250 is offering TAS ‘s 37th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this TAS.
Renters in Suburb are facing rents around $12220 per annum or $235 every week.
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Information supplied by:
February 2018
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A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate InvestarFull summary
Launceston suburb experiences housing drop
Postcode: 7250
Median house price: $329,500
Stock on market: -20.4%
12-month growth: 8.0%
A suburb of Launceston, Trevallyn’s housing stock went from 50 down to 40 in the 12 months leading up to November 2017, as per Real Estate Investar.
This supply situation has certainly not hurt Trevallyn’s prospects, as house prices increased by 8% in that period to continue a five-year trend. Rental returns are fairly strong at 5.3% as well, and it could represent a good deal for investors.
Cataract Gorge and the Trevallyn are found in this suburb. Since it is just 1km from Launceston, residents can easily access the many amenities in the city, including its lively arts and entertainment scene, sports facilities and hospital. Travel from Trevallyn is also convenient because of its proximity to the Launceston Airport and to several highways.
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