TAS/
Longford

Suburb Profile

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

house
unit

Property investors have seen a -1.79% 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 $275,000

Profits averaged 3.7% 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 $300 based on current median home prices for the suburb.

The gross rental yield in LONGFORD, 7301 is 5.67%.

An average of 5.75 real estate transactions take place per month in LONGFORD which translates to 69 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $275,000 $260,000
GROWTH REPORT
Median Quarterly -1.79% 0.97%
Median 12 month 3.33% 11.83%
Median 3 years 11.11% 10.4%
Median 5 years 4.76% 23.22%
10 years average annual 1.13% 4.18%
Weekly media advert. rent $300 $255
Time on Market 59.0 days 90.1 days
Gross Rental Yield Percent 5.67% 5.1%
demographics (median values)
Total Population
4266
Weekly Household Income
793.9
Household Size
2.50
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Longford, TAS
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