Glenorchy TAS 7010

Here you can find what you need to know about Glenorchy, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$375k Median Sale Price (National Average $485k) 84th In TAS
15.38% Median Price Change (1 yr) (National Average 4.30%) 56th In TAS
$395pw Median Rent (National Average $395) 44th In TAS
5.5% Median Gross Yield (National Average 4.24%) 48th In TAS
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Properties sold 183
Average discounting -5.12%
Average Days on Market 25
Stock on Market 20 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Glenorchy, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Glenorchy, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Glenorchy, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Glenorchy


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
TAS 4 33%
ACT 63 62%
NSW 697 70%
NT 9 50%
QLD 139 37%
SA 135 58%
VIC 971 63%
WA 32 31%

Local Schools


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Suburb Information

Glenorchy, TAS 7010

Part of: Glenorchy Council No data available

The size of Glenorchy is approximately 10.4 square kilometres. It has 22 parks covering nearly 12.7% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation. In 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Glenorchy

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Glenorchy   for Houses in last 12 months


There have been 189 Houses sold in Glenorchy in the past 12 months with a median sale price of $375K, up 12.61% annually. It takes on average 27 days to sell with vendor discounting of -4.93%.

Streets in Glenorchy


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Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Moonah TAS, 7009 17.67% $435,375 $420pw 5.0% View Suburb Profile
Hobart TAS, 7000 -10.30% $675,000 $540pw 4.2% View Suburb Profile
Risdon Vale TAS, 7016 22.30% $255,000 $360pw 7.3% View Suburb Profile
Claremont TAS, 7011 22.28% $365,000 $370pw 5.3% View Suburb Profile
Bridgewater TAS, 7030 15.61% $237,000 $320pw 7.0% View Suburb Profile
Lutana TAS, 7009 4.26% $400,000 $420pw 5.5% View Suburb Profile