Powered by MOMENTUM MEDIA
smart property investment logo
Risdon Vale
AREA REPORTS

Risdon Vale

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

house

Property investors have seen a 1.77% gain in RISDON VALE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on RISDON VALE, 7016 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 23.69%.

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 $402,000

Profits averaged 19.22% 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 $420 based on current median home prices for the suburb.

The gross rental yield in RISDON VALE, 7016 is 5.43%.

An average of 4.25 real estate transactions take place per month in RISDON VALE which translates to 51 per annum.

Data report can be found below

Risdon Vale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $402,000 N/A
GROWTH REPORT
Median Quarterly 1.77% N/A
Median 12 month 23.69% N/A
Median 3 years 57.65% N/A
Median 5 years 138.58% N/A
10 years average annual 9.17% N/A
Weekly media advert. rent $420 N/A
Time on Market 14.7 days N/A
Gross Rental Yield Percent 5.43% N/A
demographics (median values)*
Total Population
2872
Weekly Household Income
960
Household Size
2.50
Age
34
Monthly Loan Repayment
997
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.