Suburb Profile
Sandford - FREE SUBURB PROFILE REPORT POSTAL CODE: TAS,7020
SANDFORD, 7020 ranks 790th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.73% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $580,000.
The upward trend in home prices in SANDFORD, 7020 averaged 8.51% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SANDFORD.
An average of 2.42 real estate transactions take place per month in SANDFORD which translates to 29 per annum.
29 properties were sold in SANDFORD in 2016, making it the 90th most active market in TAS based on total real estate transactions.
SANDFORD, 7020 places 131st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.87% | N/A |
| Median 12 month | 13.73% | N/A |
| Median 3 years | 25.54% | N/A |
| Median 5 years | 31.82% | N/A |
| 10 years average annual | 2.95% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 81.4 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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