Longford is an average performer in TAS when comparing median price capital growth over the last year. Longford gave property investors a average capital gain figure when compared to the rest of the state, with 10.74%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Longford has increased when compared to the 5 year average annual rate.
Longford7301 is located in TAS which offers an average discount of -5.53% to property investors. Longford itself is showing figures that indicate -3.57% is the average achievable by property buyers investing in the suburb.
In the last year 73 properties changed hands in Longford, which puts it as the 37th most active market in TAS when comparing the number of sales per suburb.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.22%, without taking into account capital value appreciation, which has been averaging out at 2.03%.
Longford, 7301 ranked 34th in TAS when comparing growth in median property values or capital gain over the last 12 months. Longford is one of 606 in our list for TAS
Longford,7301 was ranked 734 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Longford itself are offering an average vendor discount of -1.04% to real estate investors.
Often selling an investment property can take time, and in Longford the average time real estate has been on the market is 69.66 days.
Advertised rents are around the $255 mark per week – giving a return of 5.08% based on the median price in Suburb