PROSPECT VALE 7250
State: TASPosiProp AI Investment Summary
PROSPECT VALE (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 6.6%, 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
$600,000
$652,500
$785,000
$720,000
Suburb Market Profile
Last month Prospect Vale had 7 properties available for rent and 16 properties for sale. Median property prices over the last year range from $720,000 for houses to $500,500 for units. If you are looking for an investment property, consider houses in Prospect Vale rent out for $590 PW with an annual rental yield of 4.6% and units rent for $460 PW with a rental yield of 4.9%. Prospect Vale has seen an annual compound growth rate of 6.6% for houses and 9.4% for units.