Suburb Profile Report for Blackmans Bay TAS (7052)

Blackmans Bay House: Median price $440,000, Annual capital growth 2.96%, Number of sales 141, Weekly median advertised rent $400

Blackmans Bay Unit: Median price $320,000, Annual capital growth 4.87%, Number of sales 53, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.33% for the last 12 months, Blackmans Bay, 7052 has performed for property investments than its average annual 2.96% property growth over the last 5 years.

Blackmans Bay,7052 has offered an average of 2.33% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Blackmans Bay should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Blackmans Bay have been waiting around 64.2 days to sell a property.

With the median price for a house in Blackmans Bay being $440000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.73%

Blackmans Bay is an average performer in TAS when comparing median price capital growth over the last year. Blackmans Bay gave property investors a average capital gain figure when compared to the rest of the state, with 0.47%.

Blackmans Bay,7052 was ranked 1281 in Australia by increase in median property value over the quarter.

Blackmans Bay7052 is located in TAS which offers an average discount of -5.48% to property investors. Blackmans Bay itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.

With the median price for a house in Blackmans Bay being $320000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.20%

HOUSE UNIT
$440,000 $320,000
0.00% -1.92%
2.33% 0.47%
2.96% 4.87%
$400 $320
141 53
4.73% 5.20%
64.2 73.29

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 6728
Median household income ($/weekly) 1285
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 876 13.0
    35-44 years 873 13.0
    45-54 years 1052 15.6
    55-64 years 984 14.6
    65-74 years 615 9.1
    Others 2328 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 2736 54.6
    Not Married 1856 37.0
    Defacto Relationship 420 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5421 82.7
    New Zealand 81 1.2
    South Africa 76 1.2
    United Kingdom 522 8.0
    Other 121 1.8
    Others 334 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.7
    Christianity 4211 67.2
    Judaism 14 0.2
    Other Religious Groups 30 0.5
    No Religion 1946 31.1
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 236 10.4
    $600-$799 225 9.9
    $1,000-$1,249 243 10.7
    $1,500-$1,999 308 13.6
    $2,000-$2,499 235 10.4
    Others 1021 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1901 35.7
    Not in the labour force 1770 33.2
    Employed, worked part-time 1282 24.1
    Employed, away from work 216 4.1
    Unemployed, looking for work 157 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 463 13.6
    Professionals 813 23.9
    Technicians & trades workers 448 13.2
    Clerical & administrative workers 578 17.0
    Sales 382 11.2
    Others 715 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 48 3.0
    Infants/Primary 631 38.9
    Secondary 473 29.2
    Technical or Further Educational Institution 160 9.9
    University or other Tertiary Institutions 274 16.9
    Others 36 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5828 91.5
    Flat, unit or apartment 342 5.4
    Semi-detached, row or terrace house, townhouse 195 3.1
    Improvised home, tent, sleepers out 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1040 41.9
    Being purchased 948 38.2
    Rented 485 19.5
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals