LONGFORD 7301
State: TASPosiProp AI Investment Summary
LONGFORD (TAS 7301) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 6.2%, with a median house buy price of $600,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$442,500
$572,000
$695,000
$600,000
Suburb Market Profile
Last month Longford had 12 properties available for rent and 23 properties for sale. Median property prices over the last year range from $600,000 for houses to $485,000 for units. If you are looking for an investment property, consider houses in Longford rent out for $550 PW with an annual rental yield of 4.8% and units rent for $470 PW with a rental yield of 4.5%. Longford has seen an annual compound growth rate of 6.2% for houses and 5.4% for units.