TAS/
Longford

Suburb Profile

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

house
unit

Property investors have seen a -3.57% drop in LONGFORD based on a decrease in median home prices for the past three months.

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 $270,000

Profits averaged 4.56% 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 $280 based on current median home prices for the suburb.

The gross rental yield in LONGFORD, 7301 is 5.39%.

An average of 6.92 real estate transactions take place per month in LONGFORD which translates to 83 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 $235,000
GROWTH REPORT
Median Quarterly -3.57% 1.08%
Median 12 month 2.37% 0%
Median 3 years 13.68% -2.08%
Median 5 years 10.32% N/A
10 years average annual 1.53% 6.63%
Weekly media advert. rent $280 $255
Time on Market 100.9 days 83.2 days
Gross Rental Yield Percent 5.39% 5.64%
demographics (median values)
Total Population
4266
Weekly Household Income
793.9
Household Size
2.50
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