Suburb Profile Report for Old Beach TAS (7017)

Old Beach House: Median price $392,775, Annual capital growth 3.61%, Number of sales 82, Weekly median advertised rent $375

Old Beach Unit: Median price $292,500, Annual capital growth 1.02%, Number of sales 20, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Old Beach, 7017 ranked 42th in TAS when comparing growth in median property values or capital gain over the last 12 months. Old Beach is one of 606 in our list for TAS

Old Beach,7017 was ranked 1839 in Australia by increase in median property value over the quarter.

Old Beach7017 is located in TAS which offers an average discount of -6.57% to property investors. Old Beach itself is showing figures that indicate -4.84% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $4500 per annum or $375 every week.

Over the last year, property investments in Old Beach, 7017 have given investors a capital gain of 5.41%. This compares favourably with the 3.47% for TAS as a whole.

The five-year average increase in median property values for Old Beach,7017 has given property investors a potential capital gain of 13.81% across each of those five years.

Old Beach, 7017 is offering TAS ‘s 46th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.

Often selling an investment property can take time, and in Old Beach the average time real estate has been on the market is 137.93 days.

Old Beach is 23th on a list of best yielding suburbs for rents in TAS with a 5.78% return

Metrics i HOUSE UNIT
$392,775 $292,500
2.02% -0.85%
13.44% 5.41%
3.61% 1.02%
$375 $325
82 20
4.96% 5.78%
73.28 137.93

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3169
Median household income ($/weekly) 1489
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 454 14.3
    25-34 years 370 11.7
    35-44 years 506 16.0
    45-54 years 520 16.4
    55-64 years 395 12.5
    Others 923 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 1302 57.6
    Not Married 630 27.9
    Defacto Relationship 328 14.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2765 90.1
    Greece 16 0.5
    Papua New Guinea 39 1.3
    United Kingdom 128 4.2
    Other 27 0.9
    Others 95 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.7
    Christianity 2183 74.8
    Hinduism 3 0.1
    Islam 6 0.2
    No Religion 703 24.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 108 11.0
    $1,000-$1,249 88 9.0
    $1,250-$1,499 95 9.7
    $1,500-$1,999 180 18.3
    $2,000-$2,499 156 15.9
    Others 356 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1099 44.9
    Not in the labour force 687 28.1
    Employed, worked part-time 512 20.9
    Employed, away from work 98 4.0
    Unemployed, looking for work 53 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 12.0
    Professionals 213 12.4
    Technicians & trades workers 268 15.6
    Community & personal service workers 207 12.1
    Clerical & administrative workers 342 20.0
    Others 478 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 27 3.6
    Infants/Primary 323 43.6
    Secondary 213 28.8
    Technical or Further Educational Institution 100 13.5
    University or other Tertiary Institutions 62 8.4
    Others 15 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2864 97.0
    Flat, unit or apartment 62 2.1
    Semi-detached, row or terrace house, townhouse 23 0.8
    Caravan, cabin, houseboat 4 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 632 58.8
    Fully owned 308 28.7
    Rented 131 12.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals