Suburb Profile Report for Lindisfarne TAS (7015)

Lindisfarne House: Median price $428,550, Annual capital growth 3.92%, Number of sales 101, Weekly median advertised rent $380

Lindisfarne Unit: Median price $330,000, Annual capital growth 3.37%, Number of sales 24, Weekly median advertised rent $295

  • 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 Lindisfarne, 7015 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 19.04%.

Over the longer term, Lindisfarne has seen property prices show investors a 15.05% return over the last 3 years. This is an improvement over the last 12 months

Vendor discounting in Lindisfarne is giving property investors an average Vendor Discount of around -5.41%. This puts suburb at number 127th in TAS when ranking the most discounted suburbs.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Investment property in Lindisfarne has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.60%

Lindisfarne,7015 has offered an average of 5.60% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Lindisfarne should be aiming for at least -4.51% off the asking price, which is the average vendor discount being achieved at the moment.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 3.37%.

HOUSE UNIT
$428,550 $330,000
0.84% 1.54%
19.04% 5.60%
3.92% 3.37%
$380 $295
101 24
4.61% 4.65%
65.98 125.41

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
Find a mortgage broker in Lindisfarne TAS
Demographics
Total population 5641
Median household income ($/weekly) 1185
Median age of persons 46
Median housing loan repayment ($/monthly) 1600
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 528 9.4
    25-34 years 623 11.0
    35-44 years 647 11.5
    45-54 years 782 13.9
    55-64 years 785 13.9
    Others 2276 40.3
    Age Group
    Census Count Percent(%)
    Registered Married 2091 50.4
    Not Married 1684 40.6
    Defacto Relationship 373 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4820 88.3
    Greece 23 0.4
    Papua New Guinea 40 0.7
    United Kingdom 314 5.7
    Other 98 1.8
    Others 166 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.6
    Christianity 3636 69.1
    Hinduism 26 0.5
    Other Religious Groups 36 0.7
    No Religion 1519 28.9
    Others 15 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 249 12.3
    $600-$799 210 10.4
    $1,000-$1,249 189 9.4
    $1,500-$1,999 267 13.2
    $2,000-$2,499 190 9.4
    Others 914 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1917 41.1
    Employed, worked full-time 1558 33.4
    Employed, worked part-time 917 19.7
    Employed, away from work 167 3.6
    Unemployed, looking for work 102 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 330 12.5
    Professionals 700 26.5
    Technicians & trades workers 353 13.4
    Community & personal service workers 270 10.2
    Clerical & administrative workers 482 18.2
    Others 507 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 50 4.7
    Infants/Primary 361 33.9
    Secondary 285 26.7
    Technical or Further Educational Institution 152 14.3
    University or other Tertiary Institutions 192 18.0
    Others 26 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4683 92.5
    Flat, unit or apartment 206 4.1
    Semi-detached, row or terrace house, townhouse 163 3.2
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 945 43.4
    Being purchased 766 35.2
    Rented 421 19.3
    Other tenure type 47 2.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals