How rental and vacancy rates are performing in major capitals
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
Property investors enjoyed capital gains of 23.43% over the last 12 months in CLAREMONT, translating to lower returns compared with its peers in TAS.
A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 4.8% growth over a ten-year period. It ranks 1762nd on our list of suburbs that property investors should look into.
CLAREMONT, 7011 has a capital gain of 23.43% for the past year, which is higher than average compared to its 52.37% growth within a five-year period.
With the median home price in CLAREMONT sitting at $364,925, and the average rent at $370, property owners could potentially earn a 5.27% increase in gross rental yield.
A 23.43% increase in median property prices in CLAREMONT, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 26th.
Figures from the previous quarter show that capital gains for real estate buyers in CLAREMONT are low, as opposed to average gains per annum over the past five years.
CLAREMONT, 7011 in TAS belongs to the local government area of Glenorchy (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $364,925 | $280,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.01% | 5.26% |
| Median 12 month | 23.43% | 20.69% |
| Median 3 years | 35.16% | 53.01% |
| Median 5 years | 52.37% | 33.33% |
| 10 years average annual | 4.8% | 4.29% |
| Weekly media advert. rent | $370 | $310 |
| Time on Market | 25.2 days | 27.6 days |
| Gross Rental Yield Percent | 5.27% | 5.76% |
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...
A new report projects what major shifts in the economy need to take place to ensure growth, and the make-up of the property market factors s...
The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to ...
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
Get notifications in real-time for staying up to date with content that matters to you.