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Investment Property Longford, TAS, 7301

Suburb Snapshot

Longford is a suburb in the Northern Midlands Region of Tasmania. Longford has a population of 3,863 people and 24.60% of its occupants live in rental accommodation. The median listing price for houses is $549,000 and this has changed 5.78% over the past year and changed 2.04% over 2 years.

The median rent in Longford for houses is $480 per week and the median rental yield is 4.54%. Stock on the market for houses/townhouses has changed -9.76% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $467,000 and this has changed NA over the past year. The average unit takes 57 days to sell and the median rent for a unit in Longford is $440 per week, producing a rental yield of 4.89%.

Supply & Demand in Longford, Northern Midlands

0.47%

Current vacancy rate


10

Rental stock available


3,863

Population


24.60%

Rental population


0.30%

Current vacancy rate


21

Rental stock available


12,816

Population


20.70%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Longford, Northern Midlands

  House Townhouses Units
Median listing price $549,000 NA $467,000
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 5.78% NA NA
Median price change - 2 years 2.04% NA 33.81%
  House Townhouses Units
Median weekly rent $480 NA $440
Median yield % 4.54% NA 4.89%
Median rent change - 1 year 0.00% NA 10.00%
  House Units
Previous month sales 4 0
Stock on market previous month 37 2
Stock variance vs. last year -9.76% 0.00%
Average days on market 68 57

Longford investment property listings

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