Suburb Profile Report for Austins Ferry TAS (7011)

Austins Ferry House: Median price $335,500, Annual capital growth 2.55%, Number of sales 46, Weekly median advertised rent $348

Austins Ferry Unit: Median price $250,500, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report

Austins Ferry, 7011 ranked 74th in TAS when comparing growth in median property values or capital gain over the last 12 months. Austins Ferry is one of 606 in our list for TAS

When looking at the potential capital gains offered to property investors over the last 3 years, Austins Ferry comes in at number 84th in TAS.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Austins Ferry, 7011. Typically our figures indicate that -8.03% is being offered, which puts this TAS suburb at 770th most discounted overall in Australia.

Often selling an investment property can take time, and in Austins Ferry the average time real estate has been on the market is 65.8 days.

With the median price for a house in Austins Ferry being $335500 and the advertised rent reaching $347.5 the gross rental yield for property investors calculates out to be 5.39%

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 fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Austins Ferry is giving property investors an average Vendor Discount of around -6.62%. This puts suburb at number 11th in TAS when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$335,500 $250,500
1.67% -7.90%
8.23% N/A
2.55% N/A
$348 $275
46 16
5.39% 5.71%
65.8 90.23

Source: CoreLogic

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