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AREA REPORTS

Battery Point

Suburb Profile

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

house
unit

Property investors have seen a -8.2% drop in BATTERY POINT based on a decrease in median home prices for the past three months.

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 $1,400,000

Profits averaged 20% 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 $657.5 based on current median home prices for the suburb.

The gross rental yield in BATTERY POINT, 7004 is 2.44%.

An average of 1.33 real estate transactions take place per month in BATTERY POINT which translates to 16 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,400,000 $925,000
GROWTH REPORT
Median Quarterly -8.2% 9.47%
Median 12 month -3.45% N/A
Median 3 years 60% 51.64%
Median 5 years 62.41% 54.17%
10 years average annual 6.66% 8.85%
Weekly media advert. rent $657.5 $455
Time on Market 40.0 days 50.7 days
Gross Rental Yield Percent 2.44% 2.56%
demographics (median values)
Total Population
2136
Weekly Household Income
1058
Household Size
2.00
demographics
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