Suburb Profile Report for Dynnyrne TAS (7005)

Dynnyrne House: Median price $680,000, Annual capital growth 6.69%, Number of sales 18, Weekly median advertised rent $520

Dynnyrne Unit: Median price $390,000, Annual capital growth 8.05%, Number of sales 15, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Dynnyrne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 28.30%

Across a shorter period, Dynnyrne, 7005 has seen a median price increase of 11.48% over the last quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Dynnyrne itself are offering an average vendor discount of 0.00% to real estate investors.

Residents and property investors in Dynnyrne have been waiting around 52 days to sell a property.

With the median price for a house in Dynnyrne being $680000 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 3.98%

Dynnyrne, 7005 ranked 15th 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

If we look at median property appreciation over just the last three months, Dynnyrne has given property investors a paper return of 1.30%. This puts Suburb as 31 on a list of fastest fasting appreciating suburbs in TAS

LACK OF BUYER INTEREST may well be the reason that Dynnyrne is offering property investors an average of -5.05. This rate of discount on properties puts Suburb at number 5th in terms of most discounted suburbs in TAS

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Metrics i HOUSE UNIT
$680,000 $390,000
11.48% 1.30%
28.30% 13.21%
6.69% 8.05%
$520 $390
18 15
3.98% 5.20%
52 50.91

Source: CoreLogic

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