MARGATE 7054
State: TASPosiProp AI Investment Summary
MARGATE (TAS 7054) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 9.8%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$675,000
$790,000
$1,150,000
$950,000
Suburb Market Profile
Last month Margate had 2 properties available for rent and 13 properties for sale. Median property prices over the last year range from $950,000 for houses to $608,000 for units. If you are looking for an investment property, consider houses in Margate rent out for $620 PW with an annual rental yield of 4.0% and units rent for $508 PW with a rental yield of 4.7%. Margate has seen an annual compound growth rate of 9.8% for houses and 8.3% for units.
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