Suburb Profile Report for Otago TAS (7017)

Otago House: Median price $580,000, Annual capital growth 31.51%, 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

At number 838th in the list of Australian suburbs ordered by increase in median house value over the last year, Otago, 7017 is in the top 30% with a property value increase of 11.54% recorded in median house prices.

HOUSE UNIT
$580,000 N/A
-6.45% N/A
11.54% N/A
31.51% N/A
N/A N/A
11 N/A
N/A N/A
N/A N/A

Source: CoreLogic

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