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Investment Property Northern Midlands, TAS

Region Snapshot

Northern Midlands is a region in Tasmania, Australia. Northern Midlands has a population of 12,816 people and 20.70% of its occupants live in rental accommodation. The median listing price for houses is $562,500 and this has changed 2.45% over the past year and changed 8.17% over 2 years.

The median rent in for houses is $460 per week and the median rental yield is 4.25%. Stock on the market for houses/townhouses has changed 1.61% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $467,000 and this has changed 1.74% over the past year. The average unit takes NA days to sell and the median rent for a unit in Northern Midlands is $450 per week, producing a rental yield of 5.01%.

Supply & Demand in Northern Midlands

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


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

Statistical data for Northern Midlands

  House Townhouses Units
Median listing price $562,500 NA $467,000
Median price change - last quarter -0.45% NA -1.69%
Median price change - 1 year 2.45% NA 1.74%
Median price change - 2 years 8.17% NA 9.88%
  House Townhouses Units
Median weekly rent $460 NA $450
Median yield % 4.25% NA 5.01%
Median rent change - 1 year 2.22% NA 7.14%
  House Units
Previous month sales 14 0
Stock on market previous month 126 5
Stock variance vs. last year 1.61% 25.00%
Average days on market NA NA

Northern Midlands investment property listings

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