GLEBE 7000
State: TASPosiProp AI Investment Summary
GLEBE (TAS 7000) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -2.3%, with a median house buy price of $885,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$732,500
$885,000
$1,131,000
$885,000
Suburb Market Profile
Last month Glebe had 5 properties available for rent and 2 properties for sale. Median property prices over the last year range from $885,000 for houses to $630,000 for units. If you are looking for an investment property, consider houses in Glebe rent out for $730 PW with an annual rental yield of 3.5% and units rent for $580 PW with a rental yield of 4.1%. Glebe has seen an annual compound growth rate of -2.3% for houses and 24.1% for units.