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Lindisfarne
AREA REPORTS

Lindisfarne

Lindisfarne - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7015

house
unit

Property investments in LINDISFARNE fare well against the rest of the country last year, registering a median home price increase of 20.97%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains LINDISFARNE, 7015 saw average growth in the long term.

Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 15.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $750,000.

LINDISFARNE ranks 81st on the list of best yielding suburbs for rental properties in TAS, posting a 3.81% return.

Data report can be found below

Lindisfarne
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $616,250
GROWTH REPORT
Median Quarterly 11.36% -1.4%
Median 12 month 20.97% 25.77%
Median 3 years 39.93% 40.54%
Median 5 years 68.16% 86.74%
10 years average annual 7.95% 7.78%
Weekly media advert. rent $550 $425
Time on Market 15.1 days 16.4 days
Gross Rental Yield Percent 3.81% 3.59%
demographics (median values)*
Total Population
10332
Weekly Household Income
1366
Household Size
2.30
Age
47
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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