AREA REPORTS

Lindisfarne

Suburb Profile

Lindisfarne - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7015

house
unit

Property investments in LINDISFARNE did not fare well against the rest of the country last year, registering a median home price decrease of 8.89%.

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 $440 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 39.5 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 $479,500.

LINDISFARNE ranks 90th on the list of best yielding suburbs for rental properties in TAS, posting a 4.77% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $479,500 $327,000
GROWTH REPORT
Median Quarterly 5.56% -0.46%
Median 12 month 8.89% -2.39%
Median 3 years 32.28% 17.84%
Median 5 years 38.99% 3.42%
10 years average annual 4.03% 1.74%
Weekly media advert. rent $440 $340
Time on Market 39.5 days 50.4 days
Gross Rental Yield Percent 4.77% 5.41%
demographics (median values)
Total Population
5679
Weekly Household Income
1010
Household Size
2.30
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