Suburb Profile Report for Dynnyrne TAS (7005)

Dynnyrne House: Median price $645,000, Annual capital growth 6.57%, Number of sales 15, Weekly median advertised rent $455

Dynnyrne Unit: Median price $394,000, Annual capital growth 5.25%, Number of sales 14, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Dynnyrne, 7005 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 28.23%.

Across a shorter period, Dynnyrne, 7005 has seen a median price increase of 10.63% over the last quarter.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

With the median price for a house in Dynnyrne being $645000 and the advertised rent reaching $455 the gross rental yield for property investors calculates out to be 3.67%

Over the last year, property investments in Dynnyrne, 7005 have given investors a capital gain of 14.37%. This compares favourably with the 5.86% for TAS as a whole.

Dynnyrne,7005 was ranked 1308 in Australia by increase in median property value over the quarter.

Property buyers and investors in Dynnyrne 7005 should be seeing an average reduction in asking price of around -8.20% . This means that Dynnyrne is holding prices well when compared to other suburbs in TAS.

Residents and property investors in Dynnyrne have been waiting around 50.91 days to sell a property.

The TAS suburb of Dynnyrne, 7005 is in the Hobart local government area.

Metrics i HOUSE UNIT
$645,000 $394,000
10.63% -1.50%
28.23% 14.37%
6.57% 5.25%
$455 $390
15 14
3.67% 5.15%
N/A 50.91

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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