Giving property investors a a stable capital gain of 10.20% for the last year, Glenorchy, 7010 is the 958th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Glenorchy,7010 has racked up an average of 10.20% over the period. This ranks it number 2154th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Glenorchy is offering property investors an average of -7.18. This rate of discount on properties puts Suburb at number 114th in terms of most discounted suburbs in TAS
At number 745 in a list of fastest selling suburbs, Glenorchy is in the TOP 20% of suburbs in Australia with an average of days on market 56.78 for properties listed there.
Property investors should expect to get $315 weekly from the median priced house in this suburb.
Property investors who have had real estate in Glenorchy, 7010 should be ok 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 2.27%
Across a shorter period, Glenorchy, 7010 has seen a median price increase of -2.27% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glenorchy, 7010. Typically our figures indicate that -5.45% is being offered, which puts this TAS suburb at 624th most discounted overall in Australia.
The TAS suburb of Glenorchy, 7010 is in the Glenorchy local government area.