Giving property investors a a solid capital gain of 19.14% for the last year, Glenorchy, 7010 is the 339th highest performer in Australia in this respect.
Across a shorter period, Glenorchy, 7010 has seen a median price increase of 3.29% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Glenorchy is offering property investors an average of -5.46. This rate of discount on properties puts Suburb at number 130th in terms of most discounted suburbs in TAS
Situated 7.04km from the CBD, Glenorchy is one of Glenorchy localities in the postcode 7010.
With a capital gain of 10.05% for the last 12 months, Glenorchy, 7010 has performed for property investments than its average annual 2.47% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Glenorchy has given property investors a paper return of 0.00%. This puts Suburb as 36 on a list of fastest fasting appreciating suburbs in TAS
Property buyers and investors in Glenorchy 7010 should be seeing an average reduction in asking price of around -5.47% . This means that Glenorchy is holding prices well when compared to other suburbs in TAS.
Renters in Suburb are facing rents around $15600 per annum or $300 every week.