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Stieglitz
AREA REPORTS

Stieglitz

Stieglitz - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7216

house

Property investments in STIEGLITZ fare well against the rest of the country last year, registering a median home price increase of 27.56%.

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

Based on its average 5-year and quarterly capital gains STIEGLITZ, 7216 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 46.0 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 $442,000.

STIEGLITZ ranks 162nd on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.

Data report can be found below

Stieglitz
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $442,000 N/A
GROWTH REPORT
Median Quarterly 8.47% N/A
Median 12 month 27.56% N/A
Median 3 years 73.33% N/A
Median 5 years 100.91% N/A
10 years average annual 7.03% N/A
Weekly media advert. rent N/A N/A
Time on Market 46.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3356
Weekly Household Income
745
Household Size
2.10
Age
55
Monthly Loan Repayment
988
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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