RANELAGH 7109
State: TASPosiProp AI Investment Summary
RANELAGH (TAS 7109) 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 7.5%, 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
$850,000
$662,500
$775,000
$720,000
Suburb Market Profile
Last month Ranelagh had 2 properties available for rent and 7 properties for sale. Median property prices over the last year range from $720,000 for houses to $600,000 for units. If you are looking for an investment property, consider houses in Ranelagh rent out for $488 PW with an annual rental yield of 4.2%. Ranelagh has seen an annual compound growth rate of 7.5% for houses and 8.6% for units.
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