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Investment Property Glenorchy, TAS, 7010

Suburb Snapshot

Glenorchy is a suburb in the Glenorchy Region of Tasmania. Glenorchy has a population of 10,830 people and 36.89% of its occupants live in rental accommodation. The median listing price for houses is $570,000 and this has changed -0.87% over the past year and changed 15.15% over 2 years.

The median rent in Glenorchy for houses is $500 per week and the median rental yield is 4.56%. Stock on the market for houses/townhouses has changed -1.43% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $437,000 and this has changed -1.80% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Glenorchy is $420 per week, producing a rental yield of 4.99%.

Supply & Demand in Glenorchy, Glenorchy

1.13%

Current vacancy rate


62

Rental stock available


10,830

Population


36.89%

Rental population


0.97%

Current vacancy rate


215

Rental stock available


46,252

Population


30.40%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Glenorchy, Glenorchy

  House Townhouses Units
Median listing price $570,000 $495,000 $437,000
Median price change - last quarter -0.87% 0.00% 2.82%
Median price change - 1 year -0.87% 0.00% -1.80%
Median price change - 2 years 15.15% 11.23% 11.47%
  House Townhouses Units
Median weekly rent $500 $480 $420
Median yield % 4.56% 5.04% 4.99%
Median rent change - 1 year -3.85% 6.66% 3.70%
  House Units
Previous month sales 0 0
Stock on market previous month 69 13
Stock variance vs. last year -1.43% -13.33%
Average days on market 93 85

Glenorchy investment property listings

Showing 5 of 80 investment properties found in Glenorchy on realestateinvestar.com.au

4/29A Elwick Rd, Glenorchy

$240,000

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Introducing a Fantastic Investment Opportunity!

Located at 4/29a Elwick Road, Glenorchy, this 1-bedroom unit is a hidden gem in the heart of a thriving community. Whether you're an investor looking for a steady rental income or a first-time buyer seeking an affordable and convenient home, this property is sure to exceed your expectations. ...

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Unit

TAS 7010


15/50a Barossa Rd, Glenorchy

$449,000

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6% gross return estimated

Let your money work for you. With an estimated gross return of 6%, this property is the perfect option for anyone with property investment goals. Whether this is the start of your investor journey or a strong addition to an existing portfolio, this property is a fantastic place to invest your ...

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House

TAS 7010


2/141 Tolosa St, Glenorchy

$439,000

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Tidy & Modernised Unit in Great Location

Welcome to your new home in the heart of Glenorchy. Step into modern comfort with this contemporary 2-bedroom unit, where every detail has been carefully crafted to provide you with the perfect living experience. One of only three dwellings on the block and set well back from the road, the home ...

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Unit

TAS 7010


2/187 Tolosa St, Glenorchy

$520,000

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Modern Lifestyle & Perfect Location

Situated in the heart of Glenorchy, sits a modern low maintenance townhouse built in 2018, 2/187 Tolosa Street provides contemporary and modern living with quick and easy access to all amenities that Glenorchy offers. Positioned and set up off the street, with only 2 units on the block the ...

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House

TAS 7010


69 Tolosa St, Glenorchy

$410,000

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A blank canvas just waiting for your personal touch

Whether you're a first-time home buyer, keen renovator, or an astute investor, this property is a blank canvas just waiting for your personal touch. This outstanding opportunity, situated in the heart of Glenorchy is mere walking distance of shops, schools and recreational facilities, which only ...

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House

TAS 7010


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