PROSPECT 7250
State: TASPosiProp AI Investment Summary
PROSPECT (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 6.8%, with a median house buy price of $630,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$514,125
$615,000
$777,000
$630,000
Suburb Market Profile
Last month Prospect had 5 properties available for rent and 9 properties for sale. Median property prices over the last year range from $630,000 for houses to $550,000 for units. If you are looking for an investment property, consider houses in Prospect rent out for $540 PW with an annual rental yield of 4.6% and units rent for $483 PW with a rental yield of 4.9%. Prospect has seen an annual compound growth rate of 6.8% for houses and 11.8% for units.