SURGES BAY 7116
State: TASPosiProp AI Investment Summary
SURGES BAY (TAS 7116) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 48.5%, with a median house buy price of $950,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$600,000
$1,300,500
$950,250
Suburb Market Profile
Last month Surges Bay had 1 property available for rent and 5 properties for sale. Median sold prices over the last year is $950,250 for houses. If you are looking for an investment property, consider houses in Surges Bay rent out for $380 PW with an annual rental yield of 3.7%. Surges Bay has seen an annual compound growth rate of 48.5% for houses.
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