Property investors who have had real estate in South Arm, 7022 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 6.90%
Across a shorter period, South Arm, 7022 has seen a median price increase of 1.21% over the last quarter.
In the last year 14 properties changed hands in South Arm, which puts it as the 158th most active market in TAS when comparing the number of sales per suburb.
With the median price for a house in South Arm being $375500 and the advertised rent reaching $302.5 the gross rental yield for property investors calculates out to be 4.19%