AREA REPORTS

Scamander

Suburb Profile

Scamander - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7215

house

Property investors have seen a 1.75% gain in SCAMANDER based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SCAMANDER, 7215 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 13.5%.

Based on its average 5-year and quarterly capital gains SCAMANDER, 7215 saw average growth in the long term.

The TAS 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 $290,000

Profits averaged 7.8% per annum over a 3-year period, due to an upward trend in home prices in SCAMANDER, 7215.

This means, real estate investors could earn a rental income of $227.5 based on current median home prices for the suburb.

The gross rental yield in SCAMANDER, 7215 is 4.08%.

An average of 2.92 real estate transactions take place per month in SCAMANDER which translates to 35 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $290,000 N/A
GROWTH REPORT
Median Quarterly 1.75% N/A
Median 12 month 13.5% N/A
Median 3 years 23.4% N/A
Median 5 years 13.73% N/A
10 years average annual 4.03% N/A
Weekly media advert. rent $227.5 N/A
Time on Market 107.3 days N/A
Gross Rental Yield Percent 4.08% N/A
demographics (median values)
Total Population
503
Weekly Household Income
567.7
Household Size
2.10
demographics
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