Property investors who have had real estate in Glenorchy, 7010 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.41%
Glenorchy,7010 was ranked 2042 in Australia by increase in median property value over the quarter.
The most recent median price for Glenorchy is $279000, with sellers offering an average of -4.11% off the asking price.
Property investors should expect to get $320 weekly from the median priced house in this suburb.
Glenorchy has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 0.95% to date .
Comparing Glenorchy,7010 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.33% to buyers in Glenorchy at the moment, which is less than average for the rest of TAS.
On average over the past year, suburb has had 7.67 sales per month, which equates to 92 per year.
Situated 6.87km from the CBD, Glenorchy is one of Glenorchy localities in the postcode 7010.