NORTH HOBART 7000
State: TASPosiProp AI Investment Summary
NORTH HOBART (TAS 7000) 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 Down -0.6%, with a median house buy price of $850,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$765,000
$929,500
$1,122,500
$850,000
Suburb Market Profile
Last month North Hobart had 12 properties available for rent and 29 properties for sale. Median property prices over the last year range from $850,000 for houses to $720,000 for units. If you are looking for an investment property, consider houses in North Hobart rent out for $640 PW with an annual rental yield of 3.7% and units rent for $535 PW with a rental yield of 4.5%. North Hobart has seen an annual compound growth rate of -0.6% for houses and -4.0% for units.
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