TAROONA 7053
State: TASPosiProp AI Investment Summary
TAROONA (TAS 7053) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Down -0.8%, with a median house buy price of $940,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$753,000
$937,500
$985,000
$940,000
Suburb Market Profile
Last month Taroona had 4 properties available for rent and 14 properties for sale. Median property prices over the last year range from $940,000 for houses to $710,000 for units. If you are looking for an investment property, consider houses in Taroona rent out for $765 PW with an annual rental yield of 3.9% and units rent for $465 PW with a rental yield of 4.7%. Taroona has seen an annual compound growth rate of -0.8% for houses and 1.1% for units.
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