Suburb Profile Report for Dynnyrne TAS (7005)

Dynnyrne House: Median price $590,000, Annual capital growth 4.65%, Number of sales 18, Weekly median advertised rent $395

Dynnyrne Unit: Median price $352,500, Annual capital growth 8.26%, Number of sales 19, Weekly median advertised rent $353

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Dynnyrne, 7005 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.32%

While Dynnyrne,7005 ranked number 8th in TAS for increase in median house value (annualised) increase, it is ranked 8th over the last 5 years.

Vendor discounting in Dynnyrne is giving property investors an average Vendor Discount of around -7.58%. This puts suburb at number 49th in TAS when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Dynnyrne the average time real estate has been on the market is 42.76 days.

With the median price for a house in Dynnyrne being $590000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.48%

Dynnyrne, 7005 ranked 5th in TAS when comparing growth in median property values or capital gain over the last 12 months. Dynnyrne is one of 606 in our list for TAS

Property investors looking for a bargain in Dynnyrne should be aiming for at least -2.18% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $352.5 mark per week – giving a return of 5.20% based on the median price in Suburb

HOUSE UNIT
$590,000 $352,500
10.18% 4.75%
11.32% 18.29%
4.65% 8.26%
$395 $353
18 19
3.48% 5.20%
42.76 38.66

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Dynnyrne TAS
Demographics
Total population 1481
Median household income ($/weekly) 1343
Median age of persons 27
Median housing loan repayment ($/monthly) 1958
Average household size 2.6
  • Census Count Percent(%)
    15-19 years 133 9.0
    20-24 years 370 25.0
    25-34 years 251 17.0
    35-44 years 158 10.7
    55-64 years 164 11.1
    Others 404 27.3
    Age Group
    Census Count Percent(%)
    Not Married 589 56.5
    Registered Married 348 33.4
    Defacto Relationship 105 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 938 67.0
    Croatia 105 7.5
    Malta 73 5.2
    United Kingdom 49 3.5
    Other 42 3.0
    Others 194 13.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 5.3
    Christianity 550 41.1
    Hinduism 24 1.8
    Islam 30 2.2
    No Religion 649 48.5
    Others 14 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 9.8
    $1,000-$1,249 40 9.3
    $1,250-$1,499 37 8.6
    $1,500-$1,999 56 13.0
    $2,000-$2,499 39 9.1
    Others 216 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 508 40.6
    Employed, worked full-time 350 28.0
    Employed, worked part-time 294 23.5
    Unemployed, looking for work 62 5.0
    Employed, away from work 38 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 78 11.4
    Professionals 267 39.1
    Community & personal service workers 89 13.0
    Clerical & administrative workers 74 10.9
    Sales 81 11.9
    Others 93 13.6
    Occupation
    Census Count Percent(%)
    Pre-school 10 1.5
    Infants/Primary 70 10.7
    Secondary 59 9.0
    Technical or Further Educational Institution 23 3.5
    University or other Tertiary Institutions 489 74.5
    Others 5 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 831 66.1
    Flat, unit or apartment 277 22.0
    Semi-detached, row or terrace house, townhouse 149 11.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 189 40.0
    Fully owned 154 32.6
    Being purchased 130 27.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals