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Risdon Vale
AREA REPORTS

Risdon Vale

Risdon Vale - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7016

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Property investors have seen a 0% gain in RISDON VALE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains RISDON VALE, 7016 saw average growth in the long term.

The TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $323,500

Profits averaged 18.76% per annum over a 3-year period, due to an upward trend in home prices in RISDON VALE, 7016.

This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

The gross rental yield in RISDON VALE, 7016 is 6.11%.

An average of 5 real estate transactions take place per month in RISDON VALE which translates to 60 per annum.

Data report can be found below

Risdon Vale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $323,500 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 8.74% N/A
Median 3 years 56.28% N/A
Median 5 years 89.74% N/A
10 years average annual 6.5% N/A
Weekly media advert. rent $380 N/A
Time on Market 23.6 days N/A
Gross Rental Yield Percent 6.11% N/A
demographics (median values)
Total Population
2872
Weekly Household Income
960
Household Size
2.50
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