Giving property investors a a stable capital gain of 13.01% for the last year, Upper Burnie, 7320 is the 996th highest performer in Australia in this respect.
The five-year average increase in median property values for Upper Burnie,7320 has given property investors a potential capital gain of 25.59% across each of those five years.
Upper Burnie, 7320 is offering TAS ‘s 54th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 6.38%, without taking into account capital value appreciation, which has been averaging out at 3.32%.
Upper Burnie has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -1.64% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Upper Burnie has increased when compared to the 5 year average annual rate.
Property investors should expect to get $240 weekly from the median priced house in this suburb.