Suburb Profile Report for Blackmans Bay TAS (7052)

Blackmans Bay House: Median price $440,000, Annual capital growth 3.23%, Number of sales 137, Weekly median advertised rent $395

Blackmans Bay Unit: Median price $320,000, Annual capital growth 4.35%, 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

If you compare the increase in value of investment property in Blackmans Bay, 7052 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 2.33%.

Across a shorter period, Blackmans Bay, 7052 has seen a median price increase of -0.56% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Blackmans Bay is offering property investors an average of -7.18. This rate of discount on properties puts Suburb at number 143th in terms of most discounted suburbs in TAS

With the median price for a house in Blackmans Bay being $440000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.67%

TAS has seen average median house prices change by 1.72% which means that Blackmans Bay, 7052 has done well for property investors by showing a capital gain of 3.23% over the last year

Across a shorter period, Blackmans Bay, 7052 has seen a median price increase of -7.25% over the last quarter.

Our latest figures would indicate that property sellers in Blackmans Bay are currently offering property investors an average price cut of -4.29% below the asking price at the moment.

In the last year 53 properties changed hands in Blackmans Bay, which puts it as the 5th most active market in TAS when comparing the number of sales per suburb.

HOUSE UNIT
$440,000 $320,000
-0.56% -7.25%
2.33% 3.23%
3.23% 4.35%
$395 $320
137 53
4.67% 5.20%
63.43 68.83

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Blackmans Bay TAS
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
Chart Table
Recent sales & rentals