With a capital gain of 17.08% for the last 12 months, Glenorchy, 7010 has performed for property investments than its average annual 5.23% property growth over the last 5 years.
Across a shorter period, Glenorchy, 7010 has seen a median price increase of 5.57% over the last quarter.
Sellers are offering property buyers an average discount of -5.49% to buyers in Glenorchy at the moment, which is less than average for the rest of TAS.
Situated 6.98km from the CBD, Glenorchy is one of Glenorchy (C) localities in the postcode 7010.
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 21.21%.
While Glenorchy,7010 ranked number 26th in TAS for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
Property investors looking for a bargain in Glenorchy should be aiming for at least -4.16% off the asking price, which is the average vendor discount being achieved at the moment.
At number 27 in a list of fastest selling suburbs, Glenorchy is in the TOP 10% of suburbs in Australia with an average of days on market 26.61 for properties listed there.
Situated 6.91km from the CBD, Glenorchy is one of Glenorchy (C) localities in the postcode 7010.