Property value increases in Burnie have tracked just higher than the TAS average of 6.96% over the last 12 months.
Over the longer term, Burnie has seen property prices show investors a 30.25% return over the last 3 years. This is worse than over the last 12 months
Often selling an investment property can take time, and in Burnie the average time real estate has been on the market is 116.3 days.
A $265 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 4.26%.