If you compare the increase in value of investment property in Glenorchy, 7010 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 2.67%.
A 57.14% growth in median value for property investors in Glenorchy,7010 puts this suburb at number 91th in terms of best performing suburbs in TAS
Vendor discounting in Glenorchy is giving property investors an average Vendor Discount of around -5.77%. This puts suburb at number 46th in TAS when ranking the most discounted suburbs.
Glenorchy, 7010’s gross rental yield is 5.81%
Glenorchy is in the TOP 20% in TAS when comparing median price capital growth over the last year. Glenorchy gave property investors a very good capital gain figure when compared to the rest of the state, with 13.64%.
A 48.81% growth in median value for property investors in Glenorchy,7010 puts this suburb at number 7th in terms of best performing suburbs in TAS
Glenorchy7010 is located in TAS which offers an average discount of -5.33% to property investors. Glenorchy itself is showing figures that indicate -9.23% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Glenorchy being $312500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.82%