Suburb Profile Report for Austins Ferry TAS (7011)

Austins Ferry House: Median price $330,750, Annual capital growth 3.52%, Number of sales 34, Weekly median advertised rent $350

Austins Ferry Unit: Median price $273,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.34% for the last year, Austins Ferry, 7011 is the 1169th highest performer in Australia in this respect.

Austins Ferry,7011 has offered an average of 9.34% return per annum in house price rises to property investors over the last three years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Austins Ferry itself are offering an average vendor discount of -8.35% to real estate investors.

Advertised rents are around the $350 mark per week – giving a return of 5.50% based on the median price in Suburb

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

Property investors looking for a bargain in Austins Ferry should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Austins Ferry being $273500 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.04%

HOUSE UNIT
$330,750 $273,500
N/A 0.55%
9.34% N/A
3.52% N/A
$350 $265
34 14
5.50% 5.04%
105.78 83.8

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Austins Ferry TAS
Demographics
Total population 2221
Median household income ($/weekly) 1184
Median age of persons 38
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 277 12.5
    25-34 years 301 13.6
    35-44 years 311 14.0
    45-54 years 310 14.0
    55-64 years 270 12.2
    Others 752 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 843 51.2
    Not Married 577 35.0
    Defacto Relationship 227 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1945 91.8
    Former Yugoslav Republic of Macedonia 9 0.4
    Indonesia 13 0.6
    United Kingdom 87 4.1
    Other 13 0.6
    Others 51 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1528 74.8
    No Religion 487 23.8
    Hinduism 19 0.9
    Other Religious Groups 7 0.3
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 97 12.8
    $1,000-$1,249 88 11.6
    $1,250-$1,499 77 10.1
    $1,500-$1,999 116 15.3
    $2,000-$2,499 86 11.3
    Others 296 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 679 39.5
    Not in the labour force 571 33.2
    Employed, worked part-time 356 20.7
    Employed, away from work 69 4.0
    Unemployed, looking for work 44 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 148 13.5
    Technicians & trades workers 192 17.5
    Community & personal service workers 139 12.6
    Clerical & administrative workers 207 18.8
    Sales 124 11.3
    Others 290 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 22 4.9
    Infants/Primary 182 40.4
    Secondary 122 27.1
    Technical or Further Educational Institution 55 12.2
    University or other Tertiary Institutions 60 13.3
    Others 9 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2031 95.6
    Semi-detached, row or terrace house, townhouse 83 3.9
    Flat, unit or apartment 7 0.3
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 397 48.0
    Fully owned 259 31.3
    Rented 168 20.3
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals