Suburb Profile Report for Otago TAS (7017)

Otago House: Median price $580,000, Annual capital growth 15.48%, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Otago, 7017 ranked 169th in TAS when comparing growth in median property values or capital gain over the last 12 months. Otago is one of 606 in our list for TAS

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.18% offered to property buyers. Sellers in Otago itself are offering an average vendor discount of -11.02% to real estate investors.

HOUSE UNIT
$580,000 N/A
0.87% N/A
-13.43% N/A
15.48% N/A
N/A N/A
11 N/A
N/A N/A
114.1 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 556
Median household income ($/weekly) 1625
Median age of persons 48
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 72 13.0
    35-44 years 64 11.5
    45-54 years 115 20.7
    55-64 years 114 20.5
    65-74 years 53 9.5
    Others 137 24.7
    Age Group
    Census Count Percent(%)
    Registered Married 263 62.9
    Not Married 115 27.5
    Defacto Relationship 40 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 470 88.5
    Hong Kong 4 0.8
    Papua New Guinea 11 2.1
    United Kingdom 27 5.1
    Other 6 1.1
    Others 13 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 399 76.6
    No Religion 118 22.6
    Islam 4 0.8
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 17 10.1
    $1,000-$1,249 16 9.5
    $1,250-$1,499 20 11.8
    $1,500-$1,999 24 14.2
    $2,000-$2,499 29 17.2
    Others 63 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 171 38.8
    Not in the labour force 129 29.3
    Employed, worked part-time 120 27.2
    Employed, away from work 17 3.9
    Unemployed, looking for work 4 0.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 47 15.3
    Professionals 64 20.8
    Technicians & trades workers 49 16.0
    Community & personal service workers 29 9.4
    Clerical & administrative workers 57 18.6
    Others 61 19.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 59 44.4
    Secondary 37 27.8
    University or other Tertiary Institutions 28 21.1
    Technical or Further Educational Institution 6 4.5
    Other type of educational institution 3 2.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 515 98.8
    Caravan, cabin, houseboat 6 1.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 101 53.2
    Being purchased 80 42.1
    Rented 9 4.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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