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 3.8% and has experienced a 12-month capital growth of Up 5.7%, with a median house buy price of $888,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$675,000
$790,000
$1,152,500
$888,000
Suburb Market Profile
Last month Margate had 4 properties available for rent and 31 properties for sale. Median property prices over the last year range from $888,000 for houses to $600,000 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 3.8% and units rent for $493 PW with a rental yield of 4.5%. Margate has seen an annual compound growth rate of 5.7% for houses and 14.3% for units.