Suburb Profile Report for Dynnyrne TAS (7005)

Dynnyrne House: Median price $475,254, Annual capital growth 3.08%, Number of sales 15, Weekly median advertised rent $408

Dynnyrne Unit: Median price $372,250, Annual capital growth 8.26%, Number of sales 12, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -12.15% for the last 12 months, Dynnyrne, 7005 has performed for property investments than its average annual 3.08% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dynnyrne has increased when compared to the 5 year average annual rate.

With the median price for a house in Dynnyrne being $475254 and the advertised rent reaching $407.5 the gross rental yield for property investors calculates out to be 4.46%

At number 171th in the list of Australian suburbs ordered by increase in median house value over the last year, Dynnyrne, 7005 is in the top 10% with a property value increase of 17.24% recorded in median house prices.

While Dynnyrne,7005 ranked number 34th in TAS for increase in median house value (annualised) increase, it is ranked 45th over the last 5 years.

Property buyers and investors in Dynnyrne 7005 should be seeing an average reduction in asking price of around -2.78% . This means that Dynnyrne is holding prices well when compared to other suburbs in TAS.

Often selling an investment property can take time, and in Dynnyrne the average time real estate has been on the market is 24.27 days.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$475,254 $372,250
-16.18% -0.80%
-12.15% 17.24%
3.08% 8.26%
$408 $350
15 12
4.46% 4.89%
N/A 24.27

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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
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Recent sales & rentals