Over the last year, property investments in Glenorchy, 7010 have given investors a capital gain of 14.07%. This compares favourably with the 9.15% for TAS as a whole.
While Glenorchy,7010 ranked number 82th in TAS for increase in median house value (annualised) increase, it is ranked 41th over the last 5 years.
Property buyers and investors in Glenorchy 7010 should be seeing an average reduction in asking price of around -1.70% . This means that Glenorchy is holding prices well when compared to other suburbs in TAS.
Residents and property investors in Glenorchy have been waiting around 7.11 days to sell a property.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
At number 1145th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenorchy, 7010 is in the BOTTOM 40% with a property value increase of 0.06% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenorchy has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 9.50 sales per month, which equates to 114 per year.
The TAS suburb of Glenorchy, 7010 is in the Glenorchy local government area.