Orford

Property investors enjoyed capital gains of 37.63% 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 8.58% growth over a ten-year period. It ranks 569th on our list of suburbs that property investors should look into.

ORFORD, 7190 has a capital gain of 37.63% for the past year, which is higher than average compared to its 81.82% growth within a five-year period.

With the median home price in ORFORD sitting at $640,000, and the average rent at $385, property owners could potentially earn a 3.13% increase in gross rental yield.

A 37.63% increase in median property prices in ORFORD, 7190 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 31st.

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 (M).