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AREA REPORTS

South Arm

Suburb Profile

South Arm - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7022

house

Figures from the previous quarter show that capital gains for real estate buyers in SOUTH ARM are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.

On average, rents on listings have reached the $390 mark, reflecting a 4.43% increase in returns based on the current median price in SOUTH ARM.

SOUTH ARM, 7022 ranks 173rd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 102nd on the list of best yielding suburbs for rental properties in TAS, posting a 4.43% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $457,500 N/A
GROWTH REPORT
Median Quarterly -4.19% N/A
Median 12 month -10.29% N/A
Median 3 years 21.84% N/A
Median 5 years 30.71% N/A
10 years average annual 3.37% N/A
Weekly media advert. rent $390 N/A
Time on Market 54.4 days N/A
Gross Rental Yield Percent 4.43% N/A
demographics (median values)
Total Population
794
Weekly Household Income
953.5
Household Size
2.40
demographics
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