PARK GROVE 7320
State: TASPosiProp AI Investment Summary
PARK GROVE (TAS 7320) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.5% and has experienced a 12-month capital growth of Up 12.0%, with a median house buy price of $632,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$544,000
$560,000
$720,000
$632,500
Suburb Market Profile
Last month Park Grove had 4 properties available for rent and 18 properties for sale. Median property prices over the last year range from $632,500 for houses to $465,000 for units. If you are looking for an investment property, consider houses in Park Grove rent out for $490 PW with an annual rental yield of 4.5% and units rent for $438 PW with a rental yield of 4.5%. Park Grove has seen an annual compound growth rate of 12.0% for houses and 22.9% for units.