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 3.7% and has experienced a 12-month capital growth of Up 1.4%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$760,000
$937,750
$990,000
$950,000
Suburb Market Profile
Last month Taroona had 2 properties available for rent and 18 properties for sale. Median property prices over the last year range from $950,000 for houses to $1,092,500 for units. If you are looking for an investment property, consider houses in Taroona rent out for $693 PW with an annual rental yield of 3.7% and units rent for $520 PW with a rental yield of 4.5%. Taroona has seen an annual compound growth rate of 1.4% for houses and 55.6% for units.