2. TAS
  3. Sorell

Houses Units

Here you can find what you need to know about Midway Point, 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

$620K Median Sale Price (National Average $485k) 79th In TAS
1.64% Median Sale Price Change (1yr) (National Average 4.30%) 58th In TAS
$550pw Median Rent (National Average $395) 29th In TAS
4.6% Median Gross Yield (National Average 4.24%) 38th In TAS
Properties sold 65
Average discounting -5.28%
Average Days on Market 65
Stock on Market 47 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.

Midway Point, 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.

Midway Point, 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.

Midway Point, 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 Midway Point


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Midway Point, TAS 7171

Part of: Sorell Council No data available

The size of Midway Point is approximately 2.1 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Midway Point in 2011 was 2,599 people. By 2016 the population was 2,849 showing a population growth of 9.6% in the area during that time. The predominant age group in Midway Point is 30-39 years. Households in Midway Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midway Point work in a clerical occupation. In 2011, 74.7% of the homes in Midway Point were owner-occupied compared with 72.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Midway Point

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Midway Point   for Houses in last 12 months


There have been 65 Houses sold in Midway Point in the past 12 months with a median sale price of $620K, up 1.6% annually. It takes on average 36 days to sell with vendor discounting of -5.3%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Miena TAS, 7030 3.09% $391,750 Unavailable Unavailable View Suburb Profile
Carlingford NSW, 2118 10.47% $2,110,000 $800pw 2.0% View Suburb Profile
Milawa VIC, 3678 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Terranora NSW, 2486 -2.50% $1,170,000 $890pw 4.0% View Suburb Profile
Avoca VIC, 3467 10.95% $375,000 Unavailable Unavailable View Suburb Profile
Sorell TAS, 7172 0.08% $682,500 $525pw 4.0% View Suburb Profile

Currency

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