GLENORCHY 7010
State: TASPosiProp AI Investment Summary
GLENORCHY (TAS 7010) 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 16.0%, with a median house buy price of $661,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$560,000
$659,600
$715,000
$661,000
Suburb Market Profile
Last month Glenorchy had 35 properties available for rent and 34 properties for sale. Median property prices over the last year range from $661,000 for houses to $513,500 for units. If you are looking for an investment property, consider houses in Glenorchy rent out for $595 PW with an annual rental yield of 4.7% and units rent for $500 PW with a rental yield of 5.0%. Glenorchy has seen an annual compound growth rate of 16.0% for houses and 11.6% for units.
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