Suburb Profile Report for Old Beach TAS (7017)

Old Beach House: Median price $388,000, Annual capital growth 3.29%, Number of sales 84, Weekly median advertised rent $375

Old Beach Unit: Median price $285,000, Annual capital growth 2.09%, Number of sales 15, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Old Beach, 7017 ranked 43th 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

While Old Beach,7017 ranked number 92th in TAS for increase in median house value (annualised) increase, it is ranked 46th over the last 5 years.

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 Old Beach, 7017. Typically our figures indicate that -5.40% is being offered, which puts this TAS suburb at 2231th most discounted overall in Australia.

The TAS suburb of Old Beach, 7017 is in the Brighton local government area.

Over the last year, property investments in Old Beach, 7017 have given investors a capital gain of 7.55%. This compares favourably with the 3.60% for TAS as a whole.

Comparing Old Beach,7017 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Old Beach, 7017. Typically our figures indicate that -4.73% is being offered, which puts this TAS suburb at 872th most discounted overall in Australia.

Residents and property investors in Old Beach have been waiting around 111.9 days to sell a property.

Metrics i HOUSE UNIT
$388,000 $285,000
1.31% -0.87%
12.46% 7.55%
3.29% 2.09%
$375 $340
84 15
5.03% 6.20%
74.13 111.9

Source: CoreLogic

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