TAS/
Battery point

Suburb Profile

Battery Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7004

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Homeowners and real estate investors betting on BATTERY POINT, 7004 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 32.14%.

The TAS suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,250,000

Profits averaged 11.47% per annum over a 3-year period, due to an upward trend in home prices in BATTERY POINT, 7004.

This means, real estate investors could earn a rental income of $675 based on current median home prices for the suburb.

The gross rental yield in BATTERY POINT, 7004 is 2.81%.

An average of 1 real estate transactions take place per month in BATTERY POINT which translates to 12 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,250,000 $650,000
GROWTH REPORT
Median Quarterly N/A -9.97%
Median 12 month 32.14% 11.97%
Median 3 years 34.41% 31.58%
Median 5 years 65.56% 24.09%
10 years average annual 6.79% 4.6%
Weekly media advert. rent $675 $465
Time on Market 0.0 days 26.8 days
Gross Rental Yield Percent 2.81% 3.72%
demographics (median values)
Total Population
2136
Weekly Household Income
1058
Household Size
2.00
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