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Longford

Suburb Profile

Longford - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7301

house
unit

Property investors have seen a 8.11% gain in LONGFORD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on LONGFORD, 7301 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 18.03%.

Based on its average 5-year and quarterly capital gains LONGFORD, 7301 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 $360,000

Profits averaged 9.52% per annum over a 3-year period, due to an upward trend in home prices in LONGFORD, 7301.

This means, real estate investors could earn a rental income of $325 based on current median home prices for the suburb.

The gross rental yield in LONGFORD, 7301 is 4.69%.

An average of 7 real estate transactions take place per month in LONGFORD which translates to 84 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 $300,625
GROWTH REPORT
Median Quarterly 8.11% 7.37%
Median 12 month 18.03% 7.75%
Median 3 years 28.57% 29.3%
Median 5 years 53.19% 27.93%
10 years average annual 3.12% 9.15%
Weekly media advert. rent $325 $290
Time on Market 46.9 days 54.7 days
Gross Rental Yield Percent 4.69% 5.02%
demographics (median values)
Total Population
4266
Weekly Household Income
793.9
Household Size
2.50
demographics
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