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 4.3% and has experienced a 12-month capital growth of Down -2.0%, with a median house buy price of $720,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$700,000
$758,000
$720,000
Suburb Market Profile
Last month Old Beach had 5 properties available for rent and 11 properties for sale. Median property prices over the last year range from $720,000 for houses to $555,500 for units. If you are looking for an investment property, consider houses in Old Beach rent out for $640 PW with an annual rental yield of 4.3% and units rent for $575 PW with a rental yield of 5.4%. Old Beach has seen an annual compound growth rate of -2.0% for houses and -1.2% for units.