ELLENDALE 7140
State: TASPosiProp AI Investment Summary
ELLENDALE (TAS 7140) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 6.6% and has experienced a 12-month capital growth of Up 10.8%, with a median house buy price of $460,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
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$567,500
$427,500
$460,000
Suburb Market Profile
Last month Ellendale had 0 properties available for rent and 3 properties for sale. Median sold prices over the last year is $460,000 for houses. If you are looking for an investment property, consider houses in Ellendale rent out for $498 PW with an annual rental yield of 6.6%. Ellendale has seen an annual compound growth rate of 10.8% for houses.
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