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AREA REPORTS

Queenstown

Suburb Profile

Queenstown - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7467

house

A 25.68% increase in median property prices in QUEENSTOWN, 7467 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 14th.

A steady increase in median property prices over a five-year period in the suburb translates to a 43.08% 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 $93,000

The augmented property values in the suburb are trailing above the territorial average of 8.68% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $170.

Home owners selling their properties and realtors in QUEENSTOWN usually have to wait an average of 70.3 days days before their assets are lifted off the market.

The TAS suburb ranks 3rd on the list of best yielding suburbs for rental properties in TAS, posting a 9.51% return.

It also places places 53rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $93,000 N/A
GROWTH REPORT
Median Quarterly 3.33% N/A
Median 12 month 25.68% N/A
Median 3 years 43.08% N/A
Median 5 years 43.08% N/A
10 years average annual 2.83% N/A
Weekly media advert. rent $170 N/A
Time on Market 70.3 days N/A
Gross Rental Yield Percent 9.51% N/A
demographics (median values)
Total Population
2121
Weekly Household Income
738
Household Size
2.30
demographics
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