TAS/
Shorewell park

Suburb Profile

Shorewell Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7320

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A 46% increase in median property prices in SHOREWELL PARK, 7320 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 1st.

A steady increase in median property prices over a five-year period in the suburb translates to a 65.28% capital gain.

It 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 $219,000

The augmented property values in the suburb are trailing above the territorial average of 8.38% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $210.

Home owners selling their properties and realtors in SHOREWELL PARK usually have to wait an average of 117.0 days days before their assets are lifted off the market.

The TAS suburb ranks 84th on the list of best yielding suburbs for rental properties in TAS, posting a 4.99% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $219,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 46% N/A
Median 3 years 65.28% N/A
Median 5 years 10.89% N/A
10 years average annual 7.05% N/A
Weekly media advert. rent $210 N/A
Time on Market 117.0 days N/A
Gross Rental Yield Percent 4.99% N/A
demographics (median values)
Total Population
1934
Weekly Household Income
533.2
Household Size
2.50
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