Is CRESSY a good suburb for positive geared property investment in Australia?

CRESSY in TAS currently features property rental yields up to 4.7% with a 12-month capital growth value of Up 33.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in CRESSY 7302?

The median house price in CRESSY 7302 is approximately $616,000 based on the latest tracked market indices.

Investment Spotlight • Australia

CRESSY 7302

State: TAS

Updated: 6 August 2026

PosiProp AI Investment Summary

CRESSY (TAS 7302) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.7% and has experienced a 12-month capital growth of Up 33.9%, with a median house buy price of $616,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$461,000

Up 9.1% 4.6% Yield

3 house • buy

$505,000

Up 7.5% 4.7% Yield

4 house • buy

$702,000

Up 14.2% 3.9% Yield

all house • buy

$616,000

Up 33.9% 4.7% Yield

Suburb Market Profile

Last month Cressy had 2 properties available for rent and 3 properties for sale. Median property prices over the last year range from $616,000 for houses to $365,000 for units. If you are looking for an investment property, consider houses in Cressy rent out for $490 PW with an annual rental yield of 4.7% and units rent for $500 PW with a rental yield of 4.3%. Cressy has seen an annual compound growth rate of 33.9% for houses and -17.6% for units.

Loading local listings...