The impact of the economy on housing: State-by-state
The correlation between state and territory economies and local property values cannot be underestimated, so what economic headwinds (and t...
A 33.33% increase in median property prices in TULLAH, 7321 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 6th.
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 $120,000
The augmented property values in the suburb are trailing above the territorial average of 6.87% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $180.
Home owners selling their properties and realtors in TULLAH usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The TAS suburb ranks 7th on the list of best yielding suburbs for rental properties in TAS, posting a 7.8% return.
It also places places 1st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $120,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 26.32% | N/A |
| Median 12 month | 33.33% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 12.12% | N/A |
| Weekly media advert. rent | $180 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 7.8% | N/A |
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