CRESSY 7302
State: TASPosiProp AI Investment Summary
CRESSY (TAS 7302) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Up 14.3%, with a median house buy price of $525,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$450,000
$520,000
$731,000
$525,000
Suburb Market Profile
Last month Cressy had 1 property available for rent and 4 properties for sale. Median property prices over the last year range from $525,000 for houses to $444,000 for units. If you are looking for an investment property, consider houses in Cressy rent out for $610 PW with an annual rental yield of 4.9% and units rent for $450 PW with a rental yield of 4.6%. Cressy has seen an annual compound growth rate of 14.3% for houses and 1.8% for units.