RINGAROOMA 7263
State: TASPosiProp AI Investment Summary
RINGAROOMA (TAS 7263) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.9% and has experienced a 12-month capital growth of Down -12.1%, with a median house buy price of $369,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
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$374,500
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$369,000
Suburb Market Profile
Last month Ringarooma had 1 property available for rent and 1 property for sale. Median sold prices over the last year is $369,000 for houses. If you are looking for an investment property, consider houses in Ringarooma rent out for $390 PW with an annual rental yield of 5.9%. Ringarooma has seen an annual compound growth rate of -12.1% for houses.
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