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Lauderdale

Suburb Profile

Lauderdale - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7021

house

A 17.53% increase in median property prices in LAUDERDALE, 7021 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 29th.

A steady increase in median property prices over a five-year period in the suburb translates to a 50.9% capital gain.

It 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 $590,000

The augmented property values in the suburb are trailing above the territorial average of 8.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $487.5.

Home owners selling their properties and realtors in LAUDERDALE usually have to wait an average of 32.7 days days before their assets are lifted off the market.

The TAS suburb ranks 108th on the list of best yielding suburbs for rental properties in TAS, posting a 4.3% return.

It also places places 10th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $590,000 N/A
GROWTH REPORT
Median Quarterly 13.46% N/A
Median 12 month 17.53% N/A
Median 3 years 50.9% N/A
Median 5 years 61.87% N/A
10 years average annual 5.95% N/A
Weekly media advert. rent $487.5 N/A
Time on Market 32.7 days N/A
Gross Rental Yield Percent 4.3% N/A
demographics (median values)
Total Population
2392
Weekly Household Income
1111
Household Size
2.70
demographics
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