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 1.0%, with a median house buy price of $727,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$700,000
$787,500
$727,000
Suburb Market Profile
Last month Old Beach had 7 properties available for rent and 20 properties for sale. Median property prices over the last year range from $727,000 for houses to $595,000 for units. If you are looking for an investment property, consider houses in Old Beach rent out for $675 PW with an annual rental yield of 4.4% and units rent for $568 PW with a rental yield of 5.3%. Old Beach has seen an annual compound growth rate of 1.0% for houses and 0.0% for units.
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