OLD BEACH 7017
State: TASPosiProp AI Investment Summary
OLD BEACH (TAS 7017) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.4% and has experienced a 12-month capital growth of Up 2.1%, with a median house buy price of $730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$706,250
$761,500
$730,000
Suburb Market Profile
Last month Old Beach had 8 properties available for rent and 19 properties for sale. Median property prices over the last year range from $730,000 for houses to $565,000 for units. If you are looking for an investment property, consider houses in Old Beach rent out for $663 PW with an annual rental yield of 4.4% and units rent for $560 PW with a rental yield of 5.2%. Old Beach has seen an annual compound growth rate of 2.1% for houses and -5.0% for units.