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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


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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

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