Suburb Profile
Battery Point - FREE SUBURB PROFILE REPORT POSTAL CODE: TAS,7004
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% |
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