SUMMERHILL 7250
State: TASPosiProp AI Investment Summary
SUMMERHILL (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 16.6%, with a median house buy price of $625,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$587,000
$609,000
$789,500
$625,000
Suburb Market Profile
Last month Summerhill had 7 properties available for rent and 7 properties for sale. Median property prices over the last year range from $625,000 for houses to $477,000 for units. If you are looking for an investment property, consider houses in Summerhill rent out for $540 PW with an annual rental yield of 4.8% and units rent for $500 PW with a rental yield of 4.9%. Summerhill has seen an annual compound growth rate of 16.6% for houses and 14.0% for units.