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 4.2% and has experienced a 12-month capital growth of Up 19.0%, with a median house buy price of $670,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$408,000
$588,125
$720,000
$670,000
Suburb Market Profile
Last month Park Grove had 7 properties available for rent and 17 properties for sale. Median property prices over the last year range from $670,000 for houses to $508,500 for units. If you are looking for an investment property, consider houses in Park Grove rent out for $535 PW with an annual rental yield of 4.2% and units rent for $490 PW with a rental yield of 4.7%. Park Grove has seen an annual compound growth rate of 19.0% for houses and 16.9% for units.
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