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 4.6% and has experienced a 12-month capital growth of Up 20.5%, with a median house buy price of $675,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$587,000
$630,000
$830,500
$675,000
Suburb Market Profile
Last month Summerhill had 6 properties available for rent and 3 properties for sale. Median property prices over the last year range from $675,000 for houses to $540,000 for units. If you are looking for an investment property, consider houses in Summerhill rent out for $573 PW with an annual rental yield of 4.6% and units rent for $500 PW with a rental yield of 5.0%. Summerhill has seen an annual compound growth rate of 20.5% for houses and 20.7% for units.
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