Glenorchy is in the bottom 40% in TAS when comparing median price capital growth over the last year. Glenorchy gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.10%.
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.
At number 143 in a list of fastest selling suburbs, Glenorchy is in the TOP 10% of suburbs in Australia with an average of days on market 33.1809 for properties listed there.
Glenorchy, 7010’s gross rental yield is 5.52%
With a capital gain of 17.54% for the last 12 months, Glenorchy, 7010 has performed for property investments than its average annual 4.64% property growth over the last 5 years.
Across a shorter period, Glenorchy, 7010 has seen a median price increase of 4.69% over the last quarter.
Glenorchy is 15th on a list of best yielding suburbs for rents in TAS with a 5.43% return