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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 $565,000 and this has changed 0.00% over the past year and changed -1.74% over 2 years.

The median rent in Glenorchy for houses is $510 per week and the median rental yield is 4.69%. Stock on the market for houses/townhouses has changed -6.06% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $449,000 and this has changed 2.16% over the past year. The average unit takes 127 days to sell and the median rent for a unit in Glenorchy is $415 per week, producing a rental yield of 4.80%.

Supply & Demand in Glenorchy, Glenorchy

0.65%

Current vacancy rate


36

Rental stock available


10,830

Population


36.89%

Rental population


0.49%

Current vacancy rate


111

Rental stock available


46,252

Population


30.40%

Rental population


0.49%

Current vacancy rate


1,351

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 $565,000 $475,000 $449,000
Median price change - last quarter -0.36% 0.00% 0.44%
Median price change - 1 year 0.00% -4.05% 2.16%
Median price change - 2 years -1.74% -4.05% 0.89%
  House Townhouses Units
Median weekly rent $510 $460 $415
Median yield % 4.69% 5.03% 4.80%
Median rent change - 1 year 2.00% -3.16% -1.20%
  House Units
Previous month sales 7 4
Stock on market previous month 62 13
Stock variance vs. last year -6.06% 0.00%
Average days on market 111 127

Glenorchy investment property listings

Showing 2 of 2 investment properties found in Glenorchy on realestateinvestar.com.au

1/15 Nagle Pl, Glenorchy

$515,000

property pic

Enjoy a nice outlook from this sunny and elevated villa

Whether you're looking to break into the market, downsize, or secure a solid investment property, this brick-and-tile villa may be the one for you! Positioned in an elevated spot on the border of West Moonah and Lenah Valley, this home enjoys a highly convenient location in a quiet complex of only ...

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Townhouse

TAS 7010


53 OBrien St, Glenorchy

$725,000

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Opportunity Blossoms!

From the moment you set your eyes upon this property, its low maintenance brick façade, immaculate gardens, and stunning views sets it apart from others and elevates it to a league of its own. Complement this with the fact that the property consists of approx. 1201 square meters of land and the ...

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House

TAS 7010


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