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Investment Spotlight • Australia
GROVE 7109
State: TASUpdated: 7 April 2026
PosiProp AI Investment Summary
GROVE (TAS 7109) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 23.3%, with a median house buy price of $925,000. 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
$582,500
Up 7.9% 3.7% Yield
3 house • buy
$740,000
Down -1.3% 3.8% Yield
4 house • buy
$1,110,000
Not available 3.6% Yield
all house • buy
$925,000
Up 23.3% 3.7% Yield
Suburb Market Profile
Last month Grove had 0 properties available for rent and 4 properties for sale. Median sold prices over the last year is $925,000 for houses. If you are looking for an investment property, consider houses in Grove rent out for $440 PW with an annual rental yield of 3.7%. Grove has seen an annual compound growth rate of 23.3% for houses.
Properties For Sale in GROVE
0 Listings FoundNo active properties currently crawled in this suburb.