At number 919th in the list of Australian suburbs ordered by increase in median house value over the last year, Taroona, 7053 is in the top 30% with a property value increase of 12.24% recorded in median house prices.
Taroona,7053 was ranked 2576 in Australia by increase in median property value over the quarter.
Property buyers and investors in Taroona 7053 should be seeing an average reduction in asking price of around -6.31% . This means that Taroona is holding prices well when compared to other suburbs in TAS.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 3.73%.