AREA REPORTS

Battery Point

TAS/
Battery point

Suburb Profile

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

house
unit

Property investors have seen a -11.62% drop in BATTERY POINT based on a decrease in median home prices for the past three months.

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 18.59%.

Based on its average 5-year and quarterly capital gains BATTERY POINT, 7004 saw average growth in the long term.

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 $1,008,000

Profits averaged 3.59% 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 $600 based on current median home prices for the suburb.

The gross rental yield in BATTERY POINT, 7004 is 3.1%.

An average of 1.92 real estate transactions take place per month in BATTERY POINT which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,008,000 $603,750
GROWTH REPORT
Median Quarterly -11.62% -7.12%
Median 12 month 18.59% -17.41%
Median 3 years 10.77% 2.33%
Median 5 years 9.57% 31.25%
10 years average annual 4.97% 9.62%
Weekly media advert. rent $600 $500
Time on Market 14.7 days 20.0 days
Gross Rental Yield Percent 3.1% 4.31%
demographics (median values)
Total Population
2136
Weekly Household Income
1058
Household Size
2.00
demographics
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