TAS/
Battery point

Suburb Profile

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

house
unit

Property investors have seen a -3.08% 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 $943,000

Profits averaged 2.39% 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 $637.5 based on current median home prices for the suburb.

The gross rental yield in BATTERY POINT, 7004 is 3.52%.

An average of 1.67 real estate transactions take place per month in BATTERY POINT which translates to 20 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $943,000 $665,000
GROWTH REPORT
Median Quarterly -3.08% 14.46%
Median 12 month -4.99% 27.27%
Median 3 years 7.16% 25.29%
Median 5 years 32.17% 51.14%
10 years average annual 4.09% 6.09%
Weekly media advert. rent $637.5 $480
Time on Market 0.0 days 47.8 days
Gross Rental Yield Percent 3.52% 3.75%
demographics (median values)
Total Population
2136
Weekly Household Income
1058
Household Size
2.00
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