If you compare the increase in value of investment property in Legana, 7277 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 2.63%.
Over the longer term, Legana has seen property prices show investors a 5.41% return over the last 3 years. This is worse than over the last 12 months
Legana7277 is located in TAS which offers an average discount of -5.50% to property investors. Legana itself is showing figures that indicate -4.02% is the average achievable by property buyers investing in the suburb.
In the last year 58 properties changed hands in Legana, which puts it as the 47th most active market in TAS when comparing the number of sales per suburb.
Situated 167.96km from the CBD, Legana is one of West Tamar localities in the postcode 7277.
Investment property in Legana has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.61%
The five-year average increase in median property values for Legana,7277 has given property investors a potential capital gain of 31.59% across each of those five years.
Sellers are offering property buyers an average discount of -3.50% to buyers in Legana at the moment, which is less than average for the rest of TAS.
Residents and property investors in Legana have been waiting around 54.83 days to sell a property.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 2.58%.