At number 2492th in the list of Australian suburbs ordered by increase in median house value over the last year, Longford, 7301 is in the BOTTOM 50% with a property value increase of 2.66% recorded in median house prices.
Across a shorter period, Longford, 7301 has seen a median price increase of 9.71% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Longford itself are offering an average vendor discount of -7.70% to real estate investors.
Often selling an investment property can take time, and in Longford the average time real estate has been on the market is 98.21 days.
Investment property in Longford has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.41%
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Property investors should expect to get $250 weekly from the median priced house in this suburb.