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Bagdad
AREA REPORTS

Bagdad

Bagdad - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7030

house

Property investments in BAGDAD fare well against the rest of the country last year, registering a median home price increase of 53.09%.

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

Based on its average 5-year and quarterly capital gains BAGDAD, 7030 saw average growth in the long term.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 35.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $545,000.

BAGDAD ranks 198th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.

Data report can be found below

Bagdad
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $545,000 N/A
GROWTH REPORT
Median Quarterly 26.74% N/A
Median 12 month 53.09% N/A
Median 3 years 59.12% N/A
Median 5 years 94.64% N/A
10 years average annual 10.31% N/A
Weekly media advert. rent N/A N/A
Time on Market 35.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
17404
Weekly Household Income
1042
Household Size
2.60
Age
35
Monthly Loan Repayment
1269
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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