‘Great buying opportunities’ for careful investors looking at new-builds
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Property investors enjoyed capital gains of 8.22% over the last 12 months in ORFORD, translating to lower returns compared with its peers in TAS.
A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 6.89% growth over a ten-year period. It ranks 1012th on our list of suburbs that property investors should look into.
ORFORD, 7190 has a capital gain of 8.22% for the past year, which is lower than average compared to its 46.3% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in ORFORD are low, as opposed to average gains per annum over the past five years.
ORFORD, 7190 in TAS belongs to the local government area of Glamorgan/Spring Bay.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.28% | N/A |
| Median 12 month | 8.22% | N/A |
| Median 3 years | 31.86% | N/A |
| Median 5 years | 46.3% | N/A |
| 10 years average annual | 6.89% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 60.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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