BINALONG BAY 7216
State: TASPosiProp AI Investment Summary
BINALONG BAY (TAS 7216) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.5% and has experienced a 12-month capital growth of Up 54.2%, with a median house buy price of $960,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$810,000
$1,310,000
–
$960,000
Suburb Market Profile
Last month Binalong Bay had 2 properties available for rent and 16 properties for sale. Median sold prices over the last year is $960,000 for houses. If you are looking for an investment property, consider houses in Binalong Bay rent out for $465 PW with an annual rental yield of 4.5%. Binalong Bay has seen an annual compound growth rate of 54.2% for houses.
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