If you compare the increase in value of investment property in Upper Burnie, 7320 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 12.20%.
While Upper Burnie,7320 ranked number 171th in TAS for increase in median house value (annualised) increase, it is ranked 156th over the last 5 years.
Property buyers and investors in Upper Burnie 7320 should be seeing an average reduction in asking price of around -3.35% . This means that Upper Burnie is holding prices well when compared to other suburbs in TAS.
Renters in Suburb are facing rents around $16380 per annum or $315 every week.
At number 481th in the list of Australian suburbs ordered by increase in median house value over the last year, Upper Burnie, 7320 is in the top 30% with a property value increase of 12.15% recorded in median house prices.
Upper Burnie,7320 was ranked 467 in Australia by increase in median property value over the quarter.
Upper Burnie is 2nd on a list of best yielding suburbs for rents in TAS with a 6.13% return