AREA REPORTS

Opossum Bay

TAS/
Opossum bay

Suburb Profile

Opossum Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7023

house

Homeowners and real estate investors betting on OPOSSUM BAY, 7023 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 33.65%.

Property investors in OPOSSUM BAY enjoyed capital gains of 33.65% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $558,000.

Profits due to an upward trend in home prices there averaged 16.27% per annum over a 3-year period.

Home owners selling their properties and realtors in OPOSSUM BAY usually have to wait an average of 76.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in OPOSSUM BAY.

OPOSSUM BAY, 7023 places 20th 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 $558,000 N/A
GROWTH REPORT
Median Quarterly 8.56% N/A
Median 12 month 33.65% N/A
Median 3 years 48.8% N/A
Median 5 years N/A N/A
10 years average annual 9.26% N/A
Weekly media advert. rent N/A N/A
Time on Market 76.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
303
Weekly Household Income
777.7
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Kenneth Hayne

Property investors could wear cost of changes to mortgage broker regulation

Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...

Opal Tower

Final report into the Opal Tower released, impact on the property industry revealed

Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...

Tradies

New data pointing to Sydney tradie price divide

An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...

Australian map

Why local is no longer important in property management

The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...

How regulators seek to amend lending market

Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...

Investing Insights, Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why investing in a “hotspot” is not always the right move

In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...